Lamp And Light Ministries Incorporated
Lamp And Light Ministries shows consistent revenue, growing assets, and zero officer compensation.
EIN: 200862587 · Lawrenceburg, KY · NTEE: K30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $59K |
| Program Spending | 85% |
| Net Assets | $159K |
| Transparency Score | 88/100 |
Is Lamp And Light Ministries Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lamp And Light Ministries Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lamp And Light Ministries Incorporated
Lamp And Light Ministries Incorporated (EIN: 200862587) is a nonprofit organization based in Lawrenceburg, KY, classified under NTEE code K30. The organization reported total revenue of $88K and total assets of $203K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lamp And Light Ministries Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lamp And Light Ministries Incorporated is a micro nonprofit that has been operating for 2 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $59K |
| Surplus / Deficit | +$22K |
| Total Assets | $159K |
| Net Assets | $159K |
| Operating Margin | 27.1% |
| Months of Reserves | 32.4 months |
Financial Health Grade: A
In 2023, Lamp And Light Ministries Incorporated reported a surplus of $22K with revenue exceeding expenses, holds 32.4 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2015–2023), Lamp And Light Ministries Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.3% | -24.1% | +19.3% |
| 2019 | -21.6% | +33.5% | -14.9% |
| 2018 | +23.5% | -24.6% | +10.0% |
| 2017 | -20.9% | +10.4% | -12.1% |
| 2016 | +0.6% | +27.3% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lamp And Light Ministries Incorporated with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lamp And Light Ministries Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no executive salaries are paid, which is highly commendable for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Lamp And Light Ministries Incorporated:
- Consistent positive net income in most recent filings (e.g., $81,027 revenue vs. $59,073 expenses in 2023).
- Growing asset base, from $159,376 in 2023 to $202,667 currently.
- Zero officer compensation reported across all available filings, indicating efficient use of funds.
- Consistent IRS 990 filing history, demonstrating good transparency and compliance.
- Low or zero liabilities in recent periods, indicating strong financial management.
Frequently Asked Questions about Lamp And Light Ministries Incorporated
Is Lamp And Light Ministries Incorporated a legitimate charity?
Lamp And Light Ministries Incorporated (EIN: 200862587) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 88/100. It has 6 years of IRS 990 filings on record. Total revenue: $88K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Lamp And Light Ministries Incorporated spend its money?
Lamp And Light Ministries Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lamp And Light Ministries Incorporated tax-deductible?
Lamp And Light Ministries Incorporated is registered as a tax-exempt nonprofit (EIN: 200862587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lamp And Light Ministries Incorporated's spending goes to programs?
Lamp And Light Ministries Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lamp And Light Ministries Incorporated compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Lamp And Light Ministries Incorporated is above average for NTEE category K30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lamp And Light Ministries Incorporated located?
Lamp And Light Ministries Incorporated is headquartered in Lawrenceburg, Kentucky and files with the IRS under EIN 200862587. It is classified under NTEE code K30.
How many years of IRS 990 filings does Lamp And Light Ministries Incorporated have?
Lamp And Light Ministries Incorporated has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $88K in total revenue.
Is Lamp And Light Ministries Incorporated financially stable?
Yes, the organization appears financially stable, consistently generating revenue (e.g., $81,027 in 2023) that often exceeds expenses (e.g., $59,073 in 2023), leading to asset growth from $159,376 in 2023 to $202,667 currently, and maintaining low or zero liabilities.
How transparent is Lamp And Light Ministries Incorporated?
The organization demonstrates good transparency through its consistent filing of IRS 990 forms over six periods and the clear reporting of zero officer compensation, which is a key indicator of accountability.
Does Lamp And Light Ministries Incorporated pay its executives?
No, all available IRS 990 filings indicate 0% officer compensation, meaning no salaries are paid to executives.
Filing History
IRS 990 filing history for Lamp And Light Ministries Incorporated showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Lamp And Light Ministries Incorporated's revenue has grown by 0.4%, moving from $81K to $81K. Total assets decreased by 2% over the same period, from $163K to $159K. Total functional expenses rose by 7.5%, from $55K to $59K. In its most recent filing year (2023), Lamp And Light Ministries Incorporated reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $59K | $159K | $0 | — | — |
| 2019 | $62K | $78K | $134K | $35K | — | View 990 |
| 2018 | $79K | $58K | $157K | $42K | — | View 990 |
| 2017 | $64K | $77K | $143K | $49K | — | — |
| 2016 | $81K | $70K | $162K | $56K | — | View 990 |
| 2015 | $81K | $55K | $163K | $67K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $59K, and assets of $159K (revenue +30.3% year-over-year).
- 2019: Revenue of $62K, expenses of $78K, and assets of $134K (revenue -21.6% year-over-year).
- 2018: Revenue of $79K, expenses of $58K, and assets of $157K (revenue +23.5% year-over-year).
- 2017: Revenue of $64K, expenses of $77K, and assets of $143K (revenue -20.9% year-over-year).
- 2016: Revenue of $81K, expenses of $70K, and assets of $162K (revenue +0.6% year-over-year).
- 2015: Revenue of $81K, expenses of $55K, and assets of $163K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lamp And Light Ministries Incorporated:
Data Sources and Methodology
This transparency report for Lamp And Light Ministries Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.