Hal Lindsey Website Ministries

Analysis

Hal Lindsey Website Ministries is a registered charity in United States, based in Bandera, TX. It received its IRS tax-exemption ruling in February 2001, 25 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, Hal Lindsey Website Ministries reported income of $2.2m and spending of $3.6m, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $2.2m (-52%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hal Lindsey Website Ministries 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 90th percentile within TX. Charities of a similar size with the same main cause include Reaching Above Hopelessness and Brokenness Ministries Inc ($2.2m), The Center for Jewish Campus Life Inc ($2.2m) and Bold City Church Corporation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $1.8m (50% of expenses). Other salaries and wages came to $399k. At year end it held assets of $23.7m against liabilities of $6,633, net assets of $23.7m. It reported 11 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.