Lucy Gonzales Ministries Inc
Analysis
Lucy Gonzales Ministries Inc is a registered charity in United States, based in Ft Worth, TX. It received its IRS tax-exemption ruling in March 2022, 4 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, Lucy Gonzales Ministries Inc reported income of $160k and spending of $153k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $160k (+14%), an average of +14% a year. Over the whole period it spent 102% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Lucy Gonzales Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Haitian Impact Christian Ministries ($160k), Jesus the Savior Church a NJ Nonprofit Corporation ($160k) and Zhong Yue Shaolin Temple Inc ($160k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $17k against liabilities of $369, net assets of $17k.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Other 9.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Haitian Impact Christian Ministries | Hallsville | $160k |
| Jesus the Savior Church a NJ Nonprofit Corporation | Bergenfield | $160k |
| Zhong Yue Shaolin Temple Inc | Houston | $160k |
| Keren Boruch Yitzchok Foundation | Monsey | $160k |