Lighthouse International
Analysis
Lighthouse International is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1942, 84 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 International reported income of $4.5m and spending of $659k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.5m to $4.5m (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income rose by 301%. Over the whole period it spent 37% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lighthouse International sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Cure Violence Global ($4.5m), Junior Achievement of Wisconsin Inc ($4.6m) and Hayovel Inc ($4.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $284k (43% of expenses). Other salaries and wages came to $82k. At year end it held assets of $34.4m against liabilities of -$29.7m, net assets of $64.1m.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 6.1%
- Other 41%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cure Violence Global | Chicago | $4.5m |
| Junior Achievement of Wisconsin Inc | Milwaukee | $4.6m |
| Hayovel Inc | Patterson | $4.5m |
| Youth Development Labs Inc | San Francisco | $4.6m |