The LAMB Institute 
The information on this page was last updated 2/2/2026. If you see errors or omissions, please email: [email protected]
Summary
LAMB is a Christ-centered, multifaceted ministry based in Tegucigalpa, Honduras. We seek to share the hope found in Christ Jesus as we care for, educate, protect, and empower those suffering extreme poverty, abuse, and exploitation in Honduras. LAMB was founded in 1999 by lifelong missionary, Suzy McCall, as a training school for Hondurans called to world mission.
Contact information
Mailing address:
The LAMB Institute
Post Office Box 2557
Mount Pleasant, SC 29465
Website: lambinstitute.org
Phone: (843) 442-9306
Email: [email protected]
Organization details
EIN: 571086826
CEO/President: Margaret Merritt
Chairman: Maybank Haygood
Board size: 8
Founder: Suzy McCall
Ruling year: 2001
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2011
Purpose
We will follow the Lamb wherever He goes. (Rev. 14:4)
Mission statement
LAMB (US) acts in partnership with LAMB (Honduras) to accomplish their mission of sharing the hope found in Christ Jesus as they care for, educate, protect, and empower those suffering extreme poverty, abuse, and exploitation in Honduras. We exist to give glory to God by sharing what He is doing through His servants in Honduras, by praying with and for them, by providing financial resources and oversight, and by extending opportunities for churches and individuals to join in His work.
Statement of faith
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 428 of 1435 | 34 of 114 |
| Fund acquisition rating | | 605 of 1435 | 48 of 114 |
| Resource allocation rating | | 200 of 1435 | 15 of 114 |
| Asset utilization rating | | 889 of 1436 | 66 of 114 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 5% | 11% | 6% | 0% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 4% | 8% | 6% | 0% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 75% | 78% | 96% | 100% | 92% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 3% | 7% | 7% | 0% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 25% | 22% | 4% | 0% | 8% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 92% | 90% | 89% | 94% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 111% | 127% | 92% | 156% | 59% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 103% | 114% | 82% | 146% | 52% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | -11% | -27% | 8% | -56% | 41% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | -11% | -22% | 7% | -14% | 43% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 7% | 4% | 4% | 4% | 6% | 4% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.59 | 1.08 | 1.01 | 0.80 | 0.38 | 0.61 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.16 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.06 | 1.08 | 1.01 | 0.80 | 0.38 | 0.61 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.39 | 132.10 | 107.94 | 795.50 | 1857.03 | 1731.34 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.90 | 10.98 | 11.75 | 14.90 | 31.80 | 19.78 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 1% | 1% | 1% | 0% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 53% | 91% | 98% | 124% | 264% | 164% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $2,110,209 | $2,306,090 | $2,724,123 | $2,576,877 | $2,952,036 |
| Receivables, inventories, prepaids | $1,150 | $1,150 | $71,273 | $22,959 | $3,364 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,111,359 | $2,307,240 | $2,795,396 | $2,599,836 | $2,955,400 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $0 | $0 | $0 | $0 | $0 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total assets | $2,111,359 | $2,307,240 | $2,795,396 | $2,599,836 | $2,955,400 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $15,983 | $21,375 | $3,514 | $1,400 | $1,707 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $15,983 | $21,375 | $3,514 | $1,400 | $1,707 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $15,228 | $9,694 | $13,566 | $11,135 | $15,233 |
| Total long-term liabilities | $15,228 | $9,694 | $13,566 | $11,135 | $15,233 |
| Total liabilities | $31,211 | $31,069 | $17,080 | $12,535 | $16,940 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $336,970 | $109,766 | $0 | $0 | $0 |
| With donor restrictions | $1,743,178 | $2,166,405 | $2,778,316 | $2,587,301 | $2,938,460 |
| Net assets | $2,080,148 | $2,276,171 | $2,778,316 | $2,587,301 | $2,938,460 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $1,533,859 | $1,435,838 | $2,351,524 | $626,906 | $2,799,499 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $133,994 | $98,646 | $88,222 | $2,551 | $19,744 |
| Other revenue | $389,517 | $299,410 | $0 | $0 | $225,356 |
| Total other revenue | $523,511 | $398,056 | $88,222 | $2,551 | $245,100 |
| Total revenue | $2,057,370 | $1,833,894 | $2,439,746 | $629,457 | $3,044,599 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $2,115,980 | $2,094,731 | $2,008,315 | $921,576 | $1,591,901 |
| Management and general | $97,964 | $86,374 | $89,217 | $59,040 | $68,474 |
| Fundraising | $75,758 | $152,919 | $151,200 | $0 | $131,941 |
| Total expenses | $2,289,702 | $2,334,024 | $2,248,732 | $980,616 | $1,792,316 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | ($232,332) | ($500,130) | $191,014 | ($351,159) | $1,252,283 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($232,332) | ($500,130) | $191,014 | ($351,159) | $1,252,283 |
Compensation
| Name | Title | Compensation |
| Magaret Merritt | Exec. Director | $99,076 |
Compensation data as of: 6/30/2025
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/2/2026. To update the information below, please email: [email protected]
History
For a timeline, visit: https://lambinstitute.org/our-story/