Lighthouse Ministry Worldwide Inc

Analysis

Lighthouse Ministry Worldwide Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in September 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 August 2023, Lighthouse Ministry Worldwide Inc reported income of $144k and spending of $112k, leaving 22% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income fell from $174k to $144k (-17%), an average of -17% a year. The sharpest change came in the year to August 2023, when income dropped by 17%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Ministry Worldwide Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within ID. Charities of a similar size with the same main cause include Ministerio Internacional El Gran Yo Soy Inc ($144k), Against the Stream ($144k) and Praise Power Celebration ($144k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $112k against liabilities of $140, net assets of $111k.