Lighthouse Catholic Media NFP

Analysis

Lighthouse Catholic Media NFP is a registered charity in United States, based in Sycamore, IL. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lighthouse Catholic Media NFP reported income of $8.4m and spending of $7.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.7m to $8.4m (+46%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Catholic Media NFP sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Ukrainian Catholic Education Foundation ($8.3m), Oneshare International ($8.4m) and Presbyterian Mo-Ranch Assembly ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 101% of the total. Compensation of current officers, directors and key employees was $345k (4.4% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $3.7m against liabilities of $764k, net assets of $3.0m. It reported 72 employees.