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Lucy Gonzales Ministries Inc

RegisteredEIN 84-5063447Ft Worth, TXReligion
Income$160k2023-12
Spending$153ksame year
Spent / received102%2-year average
Size in its cause58th pctReligion
Exempt since2022Publicly supported organisat
Employees–latest return

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

$0$40k$80k$120k$160k2022 Income: $139,9182022 Spending: $151,60220222023 Income: $159,7782023 Spending: $153,3162023
IncomeSpending

Where the income comes from

  • Contributions & grants 91%
  • Other 9.0%

Similar-sized charities, same cause

CharityLocationIncome
Haitian Impact Christian MinistriesHallsville$160k
Jesus the Savior Church a NJ Nonprofit CorporationBergenfield$160k
Zhong Yue Shaolin Temple IncHouston$160k
Keren Boruch Yitzchok FoundationMonsey$160k