Lorica Ministries

Analysis

Lorica Ministries is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in August 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, Lorica Ministries reported income of $101k and spending of $89k, spending 88% of its income. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lorica Ministries sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Christian Living Ministries Inc ($101k), Caya Baptist Church of Orlando ($101k) and Carpenters Cross Ministries ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 20% of the total. At year end it held assets of $18k against liabilities of $1,723, net assets of $16k.