First Light Inc

Analysis

First Light Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, First Light Inc reported income of $768k and spending of $503k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $768k (+136%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Light Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within MO. Charities of a similar size with the same main cause include Yeshiva of Miami Inc ($768k), Triumph Outreach Ministry ($768k) and Mercy Nairobi Foundation Inc ($768k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $345k (69% of expenses). Other salaries and wages came to $13k. At year end it held assets of $623k against liabilities of $0, net assets of $623k. It reported 10 employees.