Luke 14 Ministries Inc

Analysis

Luke 14 Ministries Inc is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in September 2017, 9 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 December 2023, Luke 14 Ministries Inc reported income of $124k and spending of $118k, spending 95% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $225k to $124k (-45%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Luke 14 Ministries Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within TN. Charities of a similar size with the same main cause include Cabo Rojo Blooming Economies Inc ($124k), Casa of Scotts Bluff County ($124k) and Iredell Statesville Community Enrichment Corporation Iscec ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $207k against liabilities of $4,502, net assets of $203k.