Larry Cooke Ministries Inc

Analysis

Larry Cooke Ministries Inc is a registered charity in United States, based in Greenbrier, AR. It received its IRS tax-exemption ruling in September 1967, 59 years ago. 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 2021, Larry Cooke Ministries Inc reported income of $182k and spending of $123k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2018 to December 2021, income fell from $223k to $182k (-18%), an average of -6.5% a year. The sharpest change came in the year to December 2021, when income dropped by 18%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Larry Cooke Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within AR. Charities of a similar size with the same main cause include Deer Valley Education Foundation ($182k), American Board of Dental Public Health ($182k) and Pass the Torch Ministries ($182k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (78% of expenses). At year end it held assets of $303k against liabilities of $0, net assets of $303k. It reported 1 employees.