Light World International USA Corp

Analysis

Light World International USA Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2002, 24 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 World International USA Corp reported income of $204k and spending of $78k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $173k to $204k (+18%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light World International USA Corp sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Child Evangelism Fellowship Eastern Pennsylvania ($204k), Strategic Communications Group ($204k) and Great Adventure Missions Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.5m against liabilities of $240k, net assets of $1.2m.