Lock Ministry

Analysis

Lock Ministry is a registered charity in United States, based in Brea, CA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lock Ministry reported income of $136k and spending of $136k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $146k to $136k (-6.8%), an average of -6.8% a year. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lock Ministry sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Greater Brookland Intergenerational Village ($136k), Sunlight Orphan Aid for Lithuaniainc ($137k) and Collective Medicine ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.