Light the Way Ministry

Analysis

Light the Way Ministry is a registered charity in United States, based in Ozark, MO. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Light the Way Ministry reported income of $1.0m and spending of $908k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $343k to $1.0m (+205%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 915%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Light the Way Ministry sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include Blind Vietnamese Children Foundation ($1.0m), Sweeney Classic ($1.0m) and Childrens Harbor Endowment Fund ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $51k (5.6% of expenses). Other salaries and wages came to $66k. At year end it held assets of $547k against liabilities of $537k, net assets of $10k. It reported 4 employees.