Project Ignite-Light

Analysis

Project Ignite-Light is a registered charity in United States, based in Rogers, ND. It received its IRS tax-exemption ruling in May 2012, 14 years ago. 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, Project Ignite-Light reported income of $208k and spending of $196k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $256k to $208k (-19%), an average of -6.7% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Ignite-Light sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 48th percentile within ND. Charities of a similar size with the same main cause include National Association of School Psychologists Education & Research ($208k), Wellsvile Montessori School ($208k) and The Brendan Corporation ($208k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (49% of expenses). At year end it held assets of $557k against liabilities of $727, net assets of $557k. It reported 3 employees.