Lubbock Lighthouse

Analysis

Lubbock Lighthouse is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2024, Lubbock Lighthouse reported income of $510k and spending of $539k, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $665k to $510k (-23%), an average of -5.2% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lubbock Lighthouse sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Friends of Recovery New Hampshire ($510k), Ksu Foot & Ankle Clinic ($510k) and Fort Hamilton Hospital Foundation ($510k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $98k (18% of expenses). Other salaries and wages came to $193k. At year end it held assets of $454k against liabilities of $0, net assets of $454k. It reported 12 employees.