Northern Lighthouse Inc

Analysis

Northern Lighthouse Inc is a registered charity in United States, based in Presque Isle, ME. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northern Lighthouse Inc reported income of $3.7m and spending of $5.0m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $3.7m (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northern Lighthouse Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within ME. Charities of a similar size with the same main cause include Midstate Independent Living Choices Inc ($3.7m), Crossroads Unlimited Inc ($3.7m) and Young Mens Christian Association of West Central Illinois ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $1.8m against liabilities of $878k, net assets of $969k. It reported 79 employees.