Lan Ministries

Analysis

Lan Ministries is a registered charity in United States, based in Hazen, AR. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lan Ministries reported income of $126k and spending of $126k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $126k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lan Ministries sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AR. Charities of a similar size with the same main cause include Divine Bliss Foundation Inc ($126k), Manteca-Ripon Pentecost Society ($126k) and Teen Blast Ministries ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.