Lifes Beacon Foundation Inc

Analysis

Lifes Beacon Foundation Inc is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lifes Beacon Foundation Inc reported income of $202k and spending of $184k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $203k to $202k (-0.7%), an average of -0.2% a year. Over the whole period it spent 100% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Lifes Beacon Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Ace Fiduciary Group a Non-Profit Corporation ($202k), M-Powerhouse ($202k) and Conservatives for Criminal Justice Reform ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $15k (8.0% of expenses). At year end it held assets of $47k against liabilities of $45k, net assets of $2,169.