Loeber Ministries Inc

Analysis

Loeber Ministries Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in July 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 December 2023, Loeber Ministries Inc reported income of $149k and spending of $151k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $218k to $149k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Loeber Ministries Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OK. Charities of a similar size with the same main cause include Matc ($149k), Freedom13 Ministries Inc ($149k) and Gaskov Clerge Foundation ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $101k (67% of expenses). At year end it held assets of $56k against liabilities of $1,345, net assets of $55k. It reported 2 employees.