Lighthouse Mission Ministries Foundation

Analysis

Lighthouse Mission Ministries Foundation is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lighthouse Mission Ministries Foundation reported income of $328k and spending of $528k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $328k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 481%. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lighthouse Mission Ministries Foundation 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 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include O Keefe Garden Brook Apartments Inc ($328k), Putney Open Door Fund Inc ($328k) and United Church Residences of Ashland Ohio Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 3.8% of the total. At year end it held assets of $4.0m against liabilities of $130k, net assets of $3.9m.