Lalimye Ministries

Analysis

Lalimye Ministries is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lalimye Ministries reported income of $591k and spending of $421k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $411k to $591k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 52% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lalimye Ministries 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 73rd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Nuclear Age Peace Foundation ($591k), Alegre Global Assistance Charities Inc ($592k) and Global Solutions Pittsburgh ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $32k (7.6% of expenses). Other salaries and wages came to $57k. At year end it held assets of $1.9m against liabilities of $2,103, net assets of $1.9m. It reported 2 employees.