Lighthouse Christian Academy College and Seminary
Analysis
Lighthouse Christian Academy College and Seminary is a registered charity in United States, based in Beebe, AR. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Lighthouse Christian Academy College and Seminary reported income of $128k and spending of $153k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $128k (-12%), an average of -12% a year. Over the whole period it spent 110% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lighthouse Christian Academy College and Seminary sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within AR. Charities of a similar size with the same main cause include Delaware Mathematics Coalition Inc ($128k), Students Fund of Hope ($128k) and New Milford Education Foundation ($128k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. At year end it held assets of $4,967 against liabilities of $1,245, net assets of $3,722.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Program services 41%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Delaware Mathematics Coalition Inc | Wilmington | $128k |
| Students Fund of Hope | Columbus | $128k |
| New Milford Education Foundation | New Milford | $128k |
| Ohio Council of Teachers of Mathematics | Columbus | $128k |