Lighthouse Baptist Church of Sterling Co

Analysis

Lighthouse Baptist Church of Sterling Co is a registered charity in United States, based in Sterling, CO. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lighthouse Baptist Church of Sterling Co reported income of $135k and spending of $156k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $177k to $135k (-23%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Baptist Church of Sterling Co sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include African Methodist Episcopal Zion Church Corporate Inc ($135k), Higher Power Church Ministry ($135k) and Nissi Nation Corporation ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $348k against liabilities of $0, net assets of $348k.