Lighthouse Network Inc
Analysis
Lighthouse Network Inc is a registered charity in United States, based in Pagosa SPGS, CO. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Network Inc reported income of $193k and spending of $185k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $193k (+92%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 97% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Network Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include Grace Christian Academy Foundation ($192k), Assured Hope Ministries Inc ($193k) and Vaad Hakashruth ($192k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $97k (53% of expenses). At year end it held assets of $23k against liabilities of $0, net assets of $23k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grace Christian Academy Foundation | Falls Church | $192k |
| Assured Hope Ministries Inc | Scottsdale | $193k |
| Vaad Hakashruth | Overland Park | $192k |
| Organization for Hindu Religion and Culture | Harrisburg | $193k |