National Association for Lay Ministry

Analysis

National Association for Lay Ministry is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Association for Lay Ministry reported income of $55k and spending of $49k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $55k (+2.3%), an average of +2.3% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Association for Lay Ministry sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($55k), Susan Smith Blackburn Prize Inc ($55k) and Inter Lake Yachtsmens Fund ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 20% of the total. At year end it held assets of $20k against liabilities of $7,917, net assets of $12k.