Lighthouse Worship Center Churches

Analysis

Lighthouse Worship Center Churches is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in August 2010, 16 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 2020, Lighthouse Worship Center Churches reported income of $206k and spending of $195k, spending 95% of its income. Across the 2 years on record, from December 2018 to December 2020, income fell from $240k to $206k (-14%), an average of -14% a year. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Worship Center Churches sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Indy Car Ministry Inc ($206k), Luke 4 18 Ministries ($206k) and Larry Hutton Ministries Inc ($206k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $27k (14% of expenses). At year end it held assets of $33k against liabilities of $0, net assets of $33k.