The Little Lighthouse Foundation Inc

Analysis

The Little Lighthouse Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, The Little Lighthouse Foundation Inc reported income of $755k and spending of $673k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $523k to $755k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Little Lighthouse Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Mearth ($754k), Journey on Inc ($755k) and Maywood Christian Camp Inc ($754k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Other salaries and wages came to $237k. At year end it held assets of $1.0m against liabilities of $33k, net assets of $978k. It reported 3 employees.