Light Ministries Incorporated

Analysis

Light Ministries Incorporated is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in June 1989, 37 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, Light Ministries Incorporated reported income of $862k and spending of $825k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $862k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light Ministries Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within AR. Charities of a similar size with the same main cause include Josue Yrion World Evangelism and Missions Inc ($862k), Friendship-West Faithformula Humanservices ($862k) and Miju GMP ($861k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $156k (19% of expenses). At year end it held assets of $171k against liabilities of $47k, net assets of $124k. It reported 1 employees.