Lighthouse Ministries Foundation
Analysis
Lighthouse Ministries Foundation is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in June 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, Lighthouse Ministries Foundation reported income of $76k and spending of $79k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $76k (+6.7%), an average of +6.7% a year. Over the whole period it spent 121% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Ministries Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include Andrea Lennon Ministry Inc ($76k), Community Baptist Church Inc ($76k) and Ifges Inc ($76k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $578, net assets of $56k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Andrea Lennon Ministry Inc | Conway | $76k |
| Community Baptist Church Inc | Kingshill | $76k |
| Ifges Inc | Rowlett | $76k |
| Christ Covenant Ministries Inc | Chicago | $76k |