Lighthouse Shelter
Analysis
Lighthouse Shelter is a registered charity in United States, based in Marion, IL. It received its IRS tax-exemption ruling in March 2006, 20 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, Lighthouse Shelter reported income of $283k and spending of $350k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $283k (+1.1%), an average of +0.3% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 104% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lighthouse Shelter sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Neveln Center Inc ($283k), Bishop Gallegos Maternity Home ($283k) and One Inc ($283k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $193k. At year end it held assets of $513k against liabilities of $34k, net assets of $479k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Neveln Center Inc | Ankeny | $283k |
| Bishop Gallegos Maternity Home | Sacramento | $283k |
| One Inc | Little Rock | $283k |
| Lifebridge Inc | Bailey | $283k |