The Lighthouse

Analysis

The Lighthouse is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in December 1980, 46 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 June 2023, The Lighthouse reported income of $820k and spending of $803k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $750k to $820k (+9.3%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Lighthouse sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Mosdos Nesivas Shalom Inc ($820k), Implementation Sciences International Inc ($820k) and St Johns County Parks Foundation Inc ($820k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $96k (12% of expenses). Other salaries and wages came to $404k. At year end it held assets of $587k against liabilities of $18k, net assets of $568k. It reported 20 employees.