Lois Baker Ministries Inc

Analysis

Lois Baker Ministries Inc is a registered charity in United States, based in Enon, OH. It received its IRS tax-exemption ruling in March 1984, 42 years ago. 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, Lois Baker Ministries Inc reported income of $60k and spending of $60k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $60k (-3.6%), an average of -3.6% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lois Baker Ministries Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Harun Media Network Inc ($60k), Music Teachers National Association ($60k) and Montana Congress of Parents Teachers Students ($60k).

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 $1 against liabilities of $0, net assets of $1.