Light Bearers Ministries Inc

Analysis

Light Bearers Ministries Inc is a registered charity in United States, based in Chester, VA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. 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, Light Bearers Ministries Inc reported income of $70k and spending of $63k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $70k (+14%), an average of +14% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Light Bearers Ministries Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Royal Court of the Golden Spike Empire ($70k), Ptsa Michigan Congress of Parents Teachers and Students ($70k) and Habitat for Humanity International Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.