Lite Initiatives

Analysis

Lite Initiatives is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lite Initiatives reported income of $253k and spending of $264k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $198k to $253k (+28%), an average of +13% a year. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lite Initiatives sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Friends of Lick Creek ($253k), Alaska Mountain and Wilderness Huts Association Inc ($253k) and Peaks to People Water Fund ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $74k (28% of expenses). Other salaries and wages came to $114k. At year end it held assets of $57k against liabilities of $0, net assets of $57k. It reported 12 employees.