Lambs Tale Ministries Inc

Analysis

Lambs Tale Ministries Inc is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in November 1997, 29 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, Lambs Tale Ministries Inc reported income of $299k and spending of $45k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $249k to $299k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 26% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lambs Tale Ministries Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Bosnian American Association Inc ($299k), United Faith Pentecostal Church ($299k) and Greater Sonora Missionary Baptist Church Soaring Eagle Ministries ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 11% of the total. Other salaries and wages came to $4,410. At year end it held assets of $3.0m against liabilities of $4,316, net assets of $3.0m.