Lamar Area Christian Ministries Association Inc

Analysis

Lamar Area Christian Ministries Association Inc is a registered charity in United States, based in Lamar, MO. It received its IRS tax-exemption ruling in August 1989, 37 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, Lamar Area Christian Ministries Association Inc reported income of $323k and spending of $278k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $323k (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lamar Area Christian Ministries Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Eden Mission Inc ($323k), Hope Alive Inc ($323k) and Friends Meeting House & Cemetery Assoc of Randolph Township N J ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $12k (4.3% of expenses). At year end it held assets of $392k against liabilities of $0, net assets of $392k.