Lighthouse Outreach Ministries Inc

Analysis

Lighthouse Outreach Ministries Inc is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Lighthouse Outreach Ministries Inc reported income of $162k and spending of $187k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $217k to $162k (-25%), an average of -26% a year. The sharpest change came in the year to June 2024, when income dropped by 25%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lighthouse Outreach Ministries Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Hutchinson Meals on Wheels Inc ($162k), Tiny Tornadoes ($162k) and Cby25 Initiative Inc ($162k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.