Headlight in Trucking Inc

Analysis

Headlight in Trucking Inc is a registered charity in United States, based in Bedford, PA. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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, Headlight in Trucking Inc reported income of $115k and spending of $118k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $115k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Headlight in Trucking Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Passion 4 Paws Inc ($114k), Floyd County Emergency and Rescue Squad Incorporated ($115k) and Grundy County Historical Society ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $374k against liabilities of $0, net assets of $374k.