Seattle Lighthouse for the Blind Foundation

Analysis

Seattle Lighthouse for the Blind Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Seattle Lighthouse for the Blind Foundation reported income of $1.4m and spending of $1.5m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.4m (+3.9%), an average of +1.0% a year. The sharpest change came in the year to September 2020, when income rose by 71%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seattle Lighthouse for the Blind Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Fairfield County Agricultural Society ($1.4m), Division for Early Childhood of the Council for Exceptional Children ($1.4m) and Wallingford Committee on Aging Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $5.1m against liabilities of $39k, net assets of $5.1m.