Cabot Lighthouse Ministries Inc

Analysis

Cabot Lighthouse Ministries Inc is a registered charity in United States, based in Cabot, AR. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cabot Lighthouse Ministries Inc reported income of $192k and spending of $148k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $192k (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cabot Lighthouse Ministries Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within AR. Charities of a similar size with the same main cause include Ethiopian Community Center Las Vegas NV ($192k), Agape Hands ($192k) and Braveheart Chaplain Ministry ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $720k against liabilities of $0, net assets of $720k.