Lighthouse Org

Analysis

Lighthouse Org is a registered charity in United States, based in Ladysmith, WI. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Org reported income of $145k and spending of $109k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $145k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lighthouse Org 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 46th percentile, and in the 45th percentile within WI. Charities of a similar size with the same main cause include Bridge Housing Acquisitions Inc ($145k), Housing and Economic Opportunities Inc ($145k) and Grandview Senior Housing Inc ($145k).

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 $217k against liabilities of $1,843, net assets of $215k.