Lynn Ministries Inc

Analysis

Lynn Ministries Inc is a registered charity in United States, based in Foxboro, MA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lynn Ministries Inc reported income of $74k and spending of $49k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $74k (-43%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lynn Ministries Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Building Bridges of Hope Inc ($74k), Blessing Barn ($74k) and Toys for Joy Inc ($74k).

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 $271k against liabilities of $0, net assets of $271k.