Lampstand Ministries Inc

Analysis

Lampstand Ministries Inc is a registered charity in United States, based in Villa Park, IL. It received its IRS tax-exemption ruling in December 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 June 2023, Lampstand Ministries Inc reported income of $428k and spending of $427k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $259k to $428k (+65%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lampstand Ministries Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Jesus Baptist Las Vegas Church ($428k), International Training and Equipping Ministries ($428k) and St Andrews Episcopal Day School ($427k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $143k (33% of expenses). At year end it held assets of $458k against liabilities of $1,698, net assets of $456k. It reported 1 employees.