Guidelight Inc

Analysis

Guidelight Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in December 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, Guidelight Inc reported income of $739k and spending of $746k, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $328k to $739k (+125%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 97%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guidelight Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include Quakertown Food Pantry ($739k), Bike Share KC ($739k) and Mothers Advocacy Project Inc ($738k).

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 $223k (30% of expenses). Other salaries and wages came to $170k. At year end it held assets of $241k against liabilities of $7,113, net assets of $234k. It reported 5 employees.