Lighthouse Ministries

Analysis

Lighthouse Ministries is a registered charity in United States, based in Weslaco, TX. 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lighthouse Ministries reported income of $75k and spending of $67k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $75k (-4.0%), an average of -4.0% a year. 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 Ministries sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Roses and Rainbows Ministry Inc ($75k), Templo Agua Viva Inc ($75k) and Central Alabama Emmaus Community Inc ($75k).

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 $23k (35% of expenses). At year end it held assets of $54k against liabilities of $32k, net assets of $22k.