Lamp and Light Publishers Inc

Analysis

Lamp and Light Publishers Inc is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in April 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lamp and Light Publishers Inc reported income of $950k and spending of $956k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $950k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lamp and Light Publishers Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within NM. Charities of a similar size with the same main cause include Harvest Ministries Inc ($950k), Heritage Acres I Inc ($950k) and White Bear Lake Area Historical Society ($949k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $90k (9.4% of expenses). Other salaries and wages came to $517k. At year end it held assets of $2.2m against liabilities of $25k, net assets of $2.1m. It reported 26 employees.