Lords Way Ministries Inc

Analysis

Lords Way Ministries Inc is a registered charity in United States, based in Dawsonville, GA. It received its IRS tax-exemption ruling in February 2002, 24 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 December 2023, Lords Way Ministries Inc reported income of $138k and spending of $199k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $189k to $138k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lords Way Ministries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Way of Christ Christian Ministries ($138k), Christ Chosen Church of God International ($138k) and Serve International Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.