Lou Engle Ministries

Analysis

Lou Engle Ministries is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2019, 7 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 December 2023, Lou Engle Ministries reported income of $672k and spending of $996k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $672k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lou Engle Ministries sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Wtl-The Way Truth and Life Outreach ($672k), Redeemed Christian Church of God Mercy Hall ($672k) and Visual Story International ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 171% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $268k (27% of expenses). Other salaries and wages came to $193k. At year end it held assets of $1.6m against liabilities of $8,287, net assets of $1.6m. It reported 5 employees.