Lamb and Lion Ministries Inc

Analysis

Lamb and Lion Ministries Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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, Lamb and Lion Ministries Inc reported income of $3.0m and spending of $3.2m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $3.0m (-9.6%), an average of -2.5% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lamb and Lion Ministries Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Charles T Sitrin Network of Homes & Services Inc ($3.0m), Cambria Library Assn ($3.0m) and Bagly Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $1.1m (35% of expenses). At year end it held assets of $2.8m against liabilities of $146k, net assets of $2.6m. It reported 21 employees.