Firelight Media Inc
Analysis
Firelight Media Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 September 2023, Firelight Media Inc reported income of $7.9m and spending of $7.4m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.0m to $7.9m (+166%), an average of +28% a year. The sharpest change came in the year to September 2022, when income rose by 119%. Over the whole period it spent 77% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Firelight Media Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Young Invincibles ($7.8m), Aid for AIDS International Inc ($7.9m) and Northern Kentucky Legal Aid Society Inc ($7.8m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $548k (7.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $15.0m against liabilities of $2.0m, net assets of $13.0m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 5.1%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Young Invincibles | Washington | $7.8m |
| Aid for AIDS International Inc | New York | $7.9m |
| Northern Kentucky Legal Aid Society Inc | Covington | $7.8m |
| Center for Law and Social Policy | Washington | $7.9m |