Lighthouse Ministries of Raleigh Inc

Analysis

Lighthouse Ministries of Raleigh Inc is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in July 1992, 34 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 September 2023, Lighthouse Ministries of Raleigh Inc reported income of $196k and spending of $185k, spending 94% of its income. Across the 3 years on record, from September 2019 to September 2023, income grew from $194k to $196k (+1.5%), an average of +0.7% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Ministries of Raleigh Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Victorious Living Church of God ($196k), International Gospel Outreach Inc ($196k) and Asaph Talks ($196k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $160k (86% of expenses). At year end it held assets of $85k against liabilities of $4,083, net assets of $81k. It reported 2 employees.