Lambscroft Ministries

Analysis

Lambscroft Ministries is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in January 2011, 15 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, Lambscroft Ministries reported income of $722k and spending of $701k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $556k to $722k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lambscroft Ministries sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Mother of Mercy Foundation Inc ($721k), Masjid Al Wadood Inc ($722k) and Common Ground Consultants Inc ($721k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $54k (7.7% of expenses). Other salaries and wages came to $230k. At year end it held assets of $516k against liabilities of $229k, net assets of $287k. It reported 32 employees.