Locus Benedictus Inc

Analysis

Locus Benedictus Inc is a registered charity in United States, based in Greenwood, MS. It received its IRS tax-exemption ruling in November 2015, 11 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, Locus Benedictus Inc reported income of $117k and spending of $133k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $117k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Locus Benedictus Inc 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 41st percentile, and in the 42nd percentile within MS. Charities of a similar size with the same main cause include Hidden Place ($117k), Keep Your Heart Ministries Inc ($117k) and First Loved Ministries Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. At year end it held assets of $389k against liabilities of $268k, net assets of $121k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.