Kerosene Lamp Foundation

Analysis

Kerosene Lamp Foundation is a registered charity in United States, based in Pleasant Hill, CA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Kerosene Lamp Foundation reported income of $112k and spending of $84k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $114k to $112k (-1.9%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kerosene Lamp Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include P7 Sports Academy Foundation ($112k), Next Gen Ministries Inc ($112k) and Springwood Swim Team ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $210k against liabilities of $117, net assets of $210k.