Limestone Park Ministries Incorporated

Analysis

Limestone Park Ministries Incorporated is a registered charity in United States, based in Fincastle, VA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Limestone Park Ministries Incorporated reported income of $207k and spending of $155k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $207k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Limestone Park Ministries Incorporated sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include World Icc ($207k), Mennonite-Anabaptist Information Center Inc ($207k) and Friends of the Consoling Sisters of the Sacred Heart of Jesus Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 43% of the total. Other salaries and wages came to $34k. At year end it held assets of $363k against liabilities of $0, net assets of $363k.