Lighthouse Ministries Inc

Analysis

Lighthouse Ministries Inc is a registered charity in United States, based in Mandan, ND. It received its IRS tax-exemption ruling in November 1979, 47 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, Lighthouse Ministries Inc reported income of $687k and spending of $669k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $551k to $687k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lighthouse Ministries Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within ND. Charities of a similar size with the same main cause include Fame Goodshepherd Center Housing Development Corporation ($686k), Youth for Christ USA Inc ($687k) and Master Drawings Association Inc ($686k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $811k against liabilities of $0, net assets of $811k.