Light Bearers Ministry

Analysis

Light Bearers Ministry is a registered charity in United States, based in Collegedale, TN. It received its IRS tax-exemption ruling in June 1986, 40 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, Light Bearers Ministry reported income of $2.3m and spending of $2.6m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.3m (-3.7%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light Bearers Ministry sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Restore7 Inc ($2.3m), Samaritan Kitchen of Wilkes Inc ($2.3m) and MPC Legacy Foundation ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $362k (14% of expenses). Other salaries and wages came to $993k. At year end it held assets of $2.4m against liabilities of $277k, net assets of $2.1m. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.