Lighthouse Baptist Church

Analysis

Lighthouse Baptist Church is a registered charity in United States, based in Theodore, AL. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lighthouse Baptist Church reported income of $3.7m and spending of $3.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.7m (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Baptist Church sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within AL. Charities of a similar size with the same main cause include Global Impact Ministries Inc ($3.7m), Catholic Foundation of Southeastern Massachusetts Inc ($3.7m) and Ohr Hatorah ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $5.6m against liabilities of $996k, net assets of $4.6m. It reported 78 employees.