Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

LAUNCH MINISTRIES INC is a nonprofit organization dedicated to fostering a community-oriented atmosphere of worship and religious gatherings, focusing on the teachings of the Holy Bible. With an operating budget of $395.2K and total revenue of $300.6K for the 2024 filing year, the organization aims to serve individuals and families of all ages through its religious programs. There is no publicly available information indicating reliance on a single funder for 50% or more of its revenue.

Mission Statement

RELIGIOUS PURPOSES,INCLUDING PROVIDING A COMMUNITY-ORIENTED ATMOSPHERE OF GODLY FUNCTION,ENCOMPASSING RELIGIOUS FAMILY GATHERINGS FOR ALL AGES AND PROVIDING A PLACE OF WORSHIP; TEACHING AND PREACHING THE UNCOMPROMISED WORD OF GOD (HOLY BIBLE), MINISTERING TO THE
Revenues
$300.6K
Expenses
$395.2K
Net Income:
-$94.6K
Assets
$841.8K
Liabilities
$699.8K
Net Assets:
+$142K
Operating Budget
$395.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Y
Yolanda Morgan
Board Member
A
Alphone Morgan
Board Member
Y
Yolanda S Morgan
Board Member

Frequently Asked Questions

What is LAUNCH MINISTRIES INC’s budget?
In 2024, LAUNCH MINISTRIES INC reported an annual operating budget of around $395 thousand. More detailed financial information is available to registered users.
What causes does LAUNCH MINISTRIES INC support?
LAUNCH MINISTRIES INC supports work in Christianity.
Where does LAUNCH MINISTRIES INC operate?
LAUNCH MINISTRIES INC is headquartered in Raleigh, NC.