Gospel Lighthouse Mission Inc
Analysis
Gospel Lighthouse Mission Inc is a registered charity in United States, based in Liberty, SC. 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 May 2024, Gospel Lighthouse Mission Inc reported income of $56k and spending of $59k, spending 105% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $56k to $56k (+0.1%), an average of +0.0% a year. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Lighthouse Mission Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 28th percentile within SC. Charities of a similar size with the same main cause include Arizona Region LA Salette Missionaries ($56k), Mary Ann Zook TR Uw Fbo Aldersgate United Methodist Church ($56k) and Christian Ministry Campus Inc ($56k).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $692k against liabilities of $0, net assets of $692k.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Arizona Region LA Salette Missionaries | Peoria | $56k |
| Mary Ann Zook TR Uw Fbo Aldersgate United Methodist Church | Mifflintown | $56k |
| Christian Ministry Campus Inc | Hamilton | $56k |
| Ronnie Gonzalez Ministries Inc | Fort Worth | $56k |