Light to the World Foundation Inc

Analysis

Light to the World Foundation Inc is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in November 1969, 57 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Light to the World Foundation Inc reported income of $220k and spending of $219k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $222k to $220k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light to the World Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Azalea City Prison Ministry Inc ($220k), Society of Saint Vincent de Paul in the Archdiocese of Boston ($220k) and Iglesia Cristiana Pan de Vida Esmirna ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (33% of expenses). Other salaries and wages came to $20k. At year end it held assets of $25k against liabilities of $0, net assets of $25k.