Ministry Spotlight: Hal Lindsey Website Ministries
Ministry has $25 million in assets, but spends only about $3 million on programs
Hal Lindsey Website Ministries’ Donor Confidence Score fell from 55 to 51 this week. MinistryWatch now gives the organization a score that means donors should “give with caution” to this teaching and prophecy ministry.
The organization ranks 28 out of 28 in the resource allocation rating category for the Radio/TV Station sector. The main reason for this low ranking is that while the organization spends only about $3 million a year in program services, it has net assets totaling $25 million.
Close to half of the ministry’s expenses goes toward the compensation of just three employees. The president, Jo Lynn Lindsey, makes $750,000. Chairman Hal Lindsey makes $470,000, and Brenda Devore, secretary for the organization, makes $118,000.
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In the 1970s, Hal Lindsey published the book “The Late Great Planet Earth” about end-times prophecies. He worked in TV evangelism for many years with Trinity Broadcasting Network and now runs “The Hal Lindsey Report.” The report is a weekly half-hour news series on current events and prophecy.
The ministry’s total revenue is $2.1-million and its total expenses is $3-million. It reports that it spends no money on fundraising.
MinistryWatch Donor Confidence Score: 51 (out of a possible 100) “Give with Caution”
MinistryWatch Financial Efficiency Rating: 2 Stars (out of a possible 5 Stars)
MinistryWatch Transparency Grade: D
ECFA Member? No
Revenue in Most Recent Year Available (2022): $2,182,219
Five-Year Revenue Trend: Decreasing (by about 38%)
Percent of Revenue Hal Lindsey Website Ministries Spends on Fundraising: 0%
Percent Peer Group Spends on Fundraising: 7%
CEO/President: Jo Lynn Lindsey
President’s Salary and Other Compensation: $750,000
A complete MinistryWatch profile for Hal Lindsey Website Ministries can be found here.
Find recent MinistryWatch articles mentioning Hal Lindsey Website Ministries here.
