Beacon of Light Ministries

Analysis

Beacon of Light Ministries is a registered charity in United States, based in Florissant, MO. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Beacon of Light Ministries reported income of $54k and spending of $102k, spending 190% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $54k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beacon of Light Ministries sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within MO. Charities of a similar size with the same main cause include Iglesia de Cristo Restauracion Bethel ($54k), Church of the Healing Cross Inc ($54k) and Light of God Transformation Ministry Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $211k against liabilities of $0, net assets of $211k.