Light Up the Queen Foundation

Analysis

Light Up the Queen Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Light Up the Queen Foundation reported income of $59k and spending of $63k, spending 107% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $114k to $59k (-49%), an average of -20% a year. The sharpest change came in the year to June 2022, when income dropped by 62%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Light Up the Queen Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within DE. Charities of a similar size with the same main cause include Protestant Reformed Student Orchesta ($59k), Sausalito Womans Club Preservation Society ($59k) and Schweikher House Preservation Trust ($59k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 4.7% of the total. At year end it held assets of $148k against liabilities of $80k, net assets of $68k.