Lao Conference of Churches

Analysis

Lao Conference of Churches is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 2014, 12 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, Lao Conference of Churches reported income of $165k and spending of $191k, spending 116% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $80k to $165k (+107%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lao Conference of Churches sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include The Continuous Flame ($165k), New Name NFP ($165k) and Jesus Name United Pentecostal Church ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $458k against liabilities of $0, net assets of $458k.