Launch Campus Ministry Incorporated

Analysis

Launch Campus Ministry Incorporated is a registered charity in United States, based in W Lafayette, IN. It received its IRS tax-exemption ruling in June 2020, 6 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, Launch Campus Ministry Incorporated reported income of $426k and spending of $440k, spending 103% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $362k to $426k (+18%), an average of +5.6% a year. The sharpest change came in the year to May 2023, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Launch Campus Ministry Incorporated 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 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include El Centro Network Inc ($426k), New Mercies Ministries Inc ($426k) and Bul Kwang Sa Inc ($426k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Other salaries and wages came to $298k. At year end it held assets of $140k against liabilities of $0, net assets of $140k. It reported 7 employees.