Nonprofit · EIN 57-1086826
LAMB INSTITUTE
Tax-exempt · MT PLEASANT, SC 29465
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,057,370 | $2,289,702 | -$232,332 | $2,111,359 | $31,211 | $2,080,148 |
| June 30, 2024 | 990 | $1,833,894 | $2,334,024 | -$500,130 | $2,307,240 | $31,069 | $2,276,171 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,533,859
- Program service revenue
- $0
- Investment income
- $133,994
- Net income from fundraising events
- $389,517
- Other revenue
- $389,517
Expenses
- Grants and similar amounts paid
- $1,917,112
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $241,808
- Salaries, compensation and benefits (total)
- $259,785
- Professional fundraising fees
- $0
- Occupancy
- $16,126
- Travel
- $17,069
- Program services (functional)
- $2,115,980
- Management and general (functional)
- $97,964
- Fundraising (functional)
- $75,758
Balance sheet and other
- Total assets, start of year
- $2,307,240
- Total assets, end of year
- $2,111,359
- Total liabilities, end of year
- $31,211
- Net assets, end of year
- $2,080,148
- Net assets without donor restrictions
- $336,970
- Net assets with donor restrictions
- $1,743,178
- Gross receipts
- $2,075,647
- Employees
- 4
- Year formed
- 1999
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAGARET MERRITT | EXEC. DIRECTOR Trustee or director, Officer | 40 | $99,076 |
| GOTTSHALK GUY | VICE PRESIDENT Trustee or director | 2 | $0 |
| GOTTSHALK TAMMY | BOARD MEMBER Trustee or director | 2 | $0 |
| HAGOOD ELIZABETH | BOARD MEMBER Trustee or director | 2 | $0 |
| HAGOOD D MAYBANK | PRESIDENT Trustee or director | 2 | $0 |
| MACMURPHY JOANNA | SECRETARY Trustee or director | 2 | $0 |
| JIM MCCORMICK | TREASURER Trustee or director | 2 | $0 |
| CARL WIST | BOARD MEMBER Trustee or director | 2 | $0 |
| CAPERS BARR | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAGARET MERRITT | EXEC. DIRECTOR Trustee or director, Officer | 40 | $87,655 |
| GOTTSHALK GUY | VICE PRESIDENT Trustee or director | 2 | $0 |
| GOTTSHALK TAMMY | BOARD MEMBER Trustee or director | 2 | $0 |
| HOGWOOD ELIZABETH | BOARD MEMBER Trustee or director | 2 | $0 |
| HOGWOOD D MAYBANK | PRESIDENT Trustee or director | 2 | $0 |
| KLOSIK JOSEPH | BOARD MEMBER Trustee or director | 2 | $0 |
| MACMURPHY JOANNA | SECRETARY Trustee or director, Institutional trustee | 2 | $0 |
| JIM MCCORMICK | TREASURER Trustee or director | 2 | $0 |
| CARL WIST | BOARD MEMBER Trustee or director | 2 | $0 |
| CAPERS BARR | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2557, MT PLEASANT, SC 29465-2557
- In care of
- % SUSAN CLARKSON
- Principal officer (990 for 2024)
- MARGARET MERRITT, PO BOX 2557, MOUNT PLEASANT, SC 29465
- Signed the 990
- MARGARET MERRITT, EXECUTIVE DIRECTOR
- Phone
- (843) 442-9306
- Website
- WWW.LAMBINSTITUTE.ORG
- Return prepared by
- BRIAN D KURTZ PC
Mission
THE ORGANIZATION WORKS IN PARTNERSHIP WITH ASOCIACION PARA EL SERVICIO MUNDIAL LAMB HONDURAS TO CARE FOR, EDUCATE, PROTECT EMPOWER THOSE SUFFERING PROVERTY, ABUSE EXPLOITATION IN HONDURAS BY PROVIDING RESOURCES OVERSIGHT AND BY EXTENDING OPPORTUNITIES FOR CHURCHES INDIVIDUALS TO JOIN IN GODS WORK
Program accomplishments
- LAMB PROVIDE SUPPORT TO ASOCIACION PARA EL SERVICIO MUNDIAL LAMB HONDURAS FOR THE FOLLOWING -GODS LITTLEST LAMBS CHILDRENS HOME, A RESIDENTIAL CHILDRENS PROGRAM IN SAN BUENAVENTURA, HONDURAS ABOUT 45 MINUTES FROM THE CAPITAL, WHICH PROVIDES FULL TIME CARE FOR - BABIES AND CHILDREN AGES 3-17 WHO HAVE BEEN ABANDONED OR ABUSED. LAMB HONDURAS, MANAGES A HOLISTIC COMMUNITY DEVELOPMENT PROGRAM WHICH AIMS TO HELP INDIVIDUALS BETTER PROVIDE FOR THEMSELVES AND THEIR FAMILY THROUGH A GROUP BASE MODEL OF FINANCIAL, EMOTIONAL AND SPIRITUAL SUPPORT. GODS LITTLEST LAMB DAYCARE SCHOOL, A PRIVATE CHRISTIAN DAYCARE K-GRADE 9 SCHOOL HAS ENROLLMENT OF APPROXIMATELY 200 CHILDREN IN FLOR DEL CAMPO A VERY POOR INNER-CITY NEIGHBORHOOD IN TEGUCIGALPA, HONDURAS. WITHOUT THIS SCHOOL MANY OF THESE CHILDREN WOULD BE LEFT UNATTENDED, UNCARED FOR AND UNSCHOOLED.ALONZO MOVEMENT, A YOUTH OUTREACH MINISTRY FOR APPROXIMATELY 200 YOUNG PEOPLE KEEPS THEM OUT OF GANGS THROUGH CHRISTIAN COMMUNITY YOUTH GROUPS.Expenses $1,838,526
- LAMB PROVIDES CHURCH MEMBERS AND INDIVIDUALS THE OPPORTUNITY TO JOIN IN GODS WORK PRIMARILY THROUGH SHORT TERM MISSION TRIPS. THESE TEAM BASED TRIPS NOT ONLY DRAW PARTICIPANTS CLOSER TO THE LORD, BUT THEY ARE ACTIVELY ENGAGED IN CONSTRUCTION AND/OR BUILDING MAINTENANCE WHILE IN HONDURAS.Expenses $277,454
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 57-1086826
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $2,111,359
- Income (IRS master file)
- $2,075,647
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,057,370 | $2,289,702 | $2,111,359 | XML |
| 990 | June 2024 | $1,833,894 | $2,334,024 | $2,307,240 | XML |
| 990 | June 2023 | $2,439,746 | $2,248,732 | $2,795,396 | IRS |
| 990 | June 2022 | $629,457 | $980,616 | $2,599,836 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-1086826).
Questions about LAMB INSTITUTE
- What is the EIN of LAMB INSTITUTE?
- The employer identification number (EIN) of LAMB INSTITUTE is 57-1086826.
- Is LAMB INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to LAMB INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAMB INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAMB INSTITUTE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAMB INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAMB INSTITUTE?
- The 990 for the year ended June 30, 2025 names MARGARET MERRITT.
- Who are the officers and directors of LAMB INSTITUTE?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $99,076 (MAGARET MERRITT, EXEC. DIRECTOR).
- How much revenue does LAMB INSTITUTE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,057,370, expenses of $2,289,702 and total assets of $2,111,359 at year end.
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