Lisa Bain Ministries Inc

Analysis

Lisa Bain Ministries Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 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 (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, Lisa Bain Ministries Inc reported income of $434k and spending of $457k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $344k to $434k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lisa Bain Ministries Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Benedictine Project Corporation ($434k), Chesed V Emes Inc ($435k) and Light of Life Ministries ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). At year end it held assets of $32k against liabilities of $67k, net assets of -$35k. It reported 1 employees.