Lighthouse Christian Ministries
Analysis
Lighthouse Christian Ministries is a registered charity in United States, based in Bacliff, TX. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Lighthouse Christian Ministries reported income of $1.9m and spending of $1.7m, spending 89% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $1.4m to $1.9m (+36%), an average of +6.3% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 89% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lighthouse Christian Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Young Womens Christian Association of High Point NC Inc ($1.9m), Union Child Day Care Center Inc ($1.9m) and Bikes for the World Inc ($1.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $67k (4.0% of expenses). At year end it held assets of $2.9m against liabilities of $23k, net assets of $2.9m. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 8.8%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Young Womens Christian Association of High Point NC Inc | High Point | $1.9m |
| Union Child Day Care Center Inc | White Plains | $1.9m |
| Bikes for the World Inc | Rockville | $1.9m |
| Crossroads Christian Counseling | Saint Louis | $1.9m |