Learning Light Foundation Inc

Analysis

Learning Light Foundation Inc is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in May 1969, 57 years ago. 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, Learning Light Foundation Inc reported income of $685k and spending of $785k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $685k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Learning Light Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include American Water Works Association ($685k), Friendly Village Mobilehome Park Corporation ($685k) and Lifelink Legacy Fund Inc ($685k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $132k (17% of expenses). Other salaries and wages came to $291k. At year end it held assets of $174k against liabilities of $0, net assets of $174k.