Liams Lighthouse Foundation

Analysis

Liams Lighthouse Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 2023, Liams Lighthouse Foundation reported income of $68k and spending of $23k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $68k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Liams Lighthouse Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Caregiving and Advocacy for the Rural Elderly Inc ($68k), K-T Support Group ($68k) and Association of Problem Gambling Service Administrators ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $397k against liabilities of $89, net assets of $397k.