Child Light Inc

Analysis

Child Light Inc is a registered charity in United States, based in Stone Ridge, NY. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Child Light Inc reported income of $390k and spending of $311k, leaving 20% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $412k to $390k (-5.4%), an average of -1.4% a year. The sharpest change came in the year to August 2021, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Child Light Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Maggie L Walker Governors School for Government & International Stu ($390k), Global Outreach and Love of Soccer Inc ($390k) and Hispanic-American Association of ($390k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Other salaries and wages came to $209k. At year end it held assets of $548k against liabilities of $42k, net assets of $506k. It reported 10 employees.