Lords Work Inc

Analysis

Lords Work Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in April 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, Lords Work Inc reported income of $531k and spending of $274k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $68k to $531k (+683%), an average of +180% a year. The sharpest change came in the year to December 2022, when income rose by 344%. Over the whole period it spent 44% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lords Work Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Hannahs Hope Ministries Inc ($531k), Consensus Council Inc ($531k) and Jewish Outreach Initiative Orlando Inc ($531k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 122% and program service revenue 4.0% of the total. Other salaries and wages came to $81k. At year end it held assets of $3.2m against liabilities of $2.7m, net assets of $486k. It reported 13 employees.