The Lighthouse Foundation

Analysis

The Lighthouse Foundation is a registered charity in United States, based in Valencia, PA. It received its IRS tax-exemption ruling in December 1987, 39 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, The Lighthouse Foundation reported income of $1.4m and spending of $1.1m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+8.4%), an average of +2.0% a year. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Lighthouse Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Bakersfield-Kern Regional Home ($1.4m), Change and New Beginnings Canb ($1.4m) and A Community for Peace ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $130k (12% of expenses). Other salaries and wages came to $333k. At year end it held assets of $3.3m against liabilities of $13k, net assets of $3.3m. It reported 17 employees.