Lighthouse Project Inc

Analysis

Lighthouse Project Inc is a registered charity in United States, based in Big Bear Lake, CA. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Project Inc reported income of $78k and spending of $31k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $78k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 118% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lighthouse Project Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Ecatalyst ($78k), Nations One Community Development Corporation Inc ($78k) and Dudjom Dharma House NYC Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.8% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.