Lighthouse of Collier Inc

Analysis

Lighthouse of Collier Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Lighthouse of Collier Inc reported income of $940k and spending of $824k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $738k to $940k (+27%), an average of +8.4% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lighthouse of Collier Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Charities for Central California Veterans Inc ($940k), Slow Food U S a Inc ($941k) and Teachers Pets Child Care Center Inc ($940k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $108k (13% of expenses). At year end it held assets of $1.6m against liabilities of $312k, net assets of $1.2m.