Jesus Is the Light Ministries- Lighthouse

Analysis

Jesus Is the Light Ministries- Lighthouse is a registered charity in United States, based in Blackwood, NJ. It received its IRS tax-exemption ruling in February 1964, 62 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 2022, Jesus Is the Light Ministries- Lighthouse reported income of $157k and spending of $74k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $65k to $157k (+140%), an average of +140% a year. The sharpest change came in the year to December 2022, when income rose by 140%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jesus Is the Light Ministries- Lighthouse sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Epiphany Magazine Inc ($157k), Middlesex Defense Attorneys Inc ($157k) and Onion Creek Senior Center ($157k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 28% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.