Lets Go Ministries

Analysis

Lets Go Ministries is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in March 2004, 22 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 October 2023, Lets Go Ministries reported income of $136k and spending of $84k, leaving 38% of income unspent that year. Across the 3 years on record, from October 2021 to October 2023, income grew from $72k to $136k (+89%), an average of +37% a year. The sharpest change came in the year to October 2022, when income rose by 201%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lets Go Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Fujian Longtoujing Ancestral Temple Inc ($136k), Iglesia Pentecostal Dios Proveera ($136k) and Best Family Ministries ($136k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (75% of expenses). At year end it held assets of $189k against liabilities of $1,067, net assets of $188k. It reported 1 employees.