Lighthouse Writers Workshop Inc

Analysis

Lighthouse Writers Workshop Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lighthouse Writers Workshop Inc reported income of $3.0m and spending of $3.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.0m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lighthouse Writers Workshop Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Harmony Academy ($3.0m), Mountain Island Charter School Soar Foundation ($3.0m) and Fulbright University Vietnam USA Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $97k (3.2% of expenses). Other salaries and wages came to $917k. At year end it held assets of $9.6m against liabilities of $5.4m, net assets of $4.2m. It reported 21 employees.