Lighthouse Youth Ministries Inc
Analysis
Lighthouse Youth Ministries Inc is a registered charity in United States, based in Oxford, PA. It received its IRS tax-exemption ruling in September 1992, 34 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 Youth Ministries Inc reported income of $457k and spending of $487k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $528k to $457k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 84% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Youth Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include New Season Ministries ($457k), FGM Organizations Inc ($457k) and Youthbridge New York Inc ($457k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $45k (9.2% of expenses). Other salaries and wages came to $153k. At year end it held assets of $3.3m against liabilities of $4,792, net assets of $3.3m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Other 40%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Season Ministries | Dallas | $457k |
| FGM Organizations Inc | Suwanee | $457k |
| Youthbridge New York Inc | New York | $457k |
| Acme Christian Thrift Store & Food Pantry | Traverse City | $457k |