Lost and Found Ministries

Analysis

Lost and Found Ministries is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in January 2014, 12 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, Lost and Found Ministries reported income of $117k and spending of $117k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $117k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lost and Found Ministries sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 46th percentile within SC. Charities of a similar size with the same main cause include RCS Warrior Foundation ($117k), Baltimore Sikh Society Inc ($117k) and Childrens Ministry Outreach Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 15% of the total. At year end it held assets of $110k against liabilities of $5,348, net assets of $105k.