Lighthouse Ministries Inc

Analysis

Lighthouse Ministries Inc is a registered charity in United States, based in Reeves, LA. It received its IRS tax-exemption ruling in May 1998, 28 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, Lighthouse Ministries Inc reported income of $416k and spending of $421k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $362k to $416k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Ministries Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include Shoals Sav-A-Life Inc ($416k), Center for Christian Studies ($416k) and Harvest Family Life Ministries ($416k).

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 $224k. At year end it held assets of $182k against liabilities of $113k, net assets of $69k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.