Lite House Partners Inc

Analysis

Lite House Partners Inc is a registered charity in United States, based in Riverdale, GA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lite House Partners Inc reported income of $185k and spending of $168k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $572k to $185k (-68%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 55%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lite House Partners Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Phenix City Mayors & Councel Ball ($185k), Freedom Readers Inc ($185k) and San Francisco Parents Coalition ($185k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $183 (0.1% of expenses). Other salaries and wages came to $80k. At year end it held assets of $71k against liabilities of $0, net assets of $71k. It reported 18 employees.