Limestone Ministries Inc

Analysis

Limestone Ministries Inc is a registered charity in United States, based in Maysville, KY. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Limestone Ministries Inc reported income of $147k and spending of $93k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $147k (+8.7%), an average of +8.7% a year. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Limestone Ministries Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within KY. Charities of a similar size with the same main cause include Alan and Diane Levin Family Foundation ($147k), Artos Ministries ($147k) and Tommy Bates Ministries Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $24k. At year end it held assets of $518k against liabilities of $0, net assets of $518k.