Lighthouse Rescue Mission

Analysis

Lighthouse Rescue Mission is a registered charity in United States, based in Tulare, CA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Lighthouse Rescue Mission reported income of $926k and spending of $1.3m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $321k to $926k (+188%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lighthouse Rescue Mission sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Builders Development Corporation ($926k), St Matthew Housing Development Inc ($927k) and Keeping Konnected Inc ($926k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $443k. At year end it held assets of $424k against liabilities of $575k, net assets of -$151k. It reported 24 employees.