Wabash County Lighthouse Missions Inc

Analysis

Wabash County Lighthouse Missions Inc is a registered charity in United States, based in Wabash, IN. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wabash County Lighthouse Missions Inc reported income of $547k and spending of $413k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $547k (+153%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wabash County Lighthouse Missions Inc 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 72nd percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Full Filled Project Inc ($546k), Thrive Memphis ($547k) and One Place of the Shoals Inc ($546k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $182k. At year end it held assets of $712k against liabilities of $192k, net assets of $520k. It reported 19 employees.