Light Think University

Analysis

Light Think University is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Light Think University reported income of $154k and spending of $98k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $154k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Light Think University sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within NV. Charities of a similar size with the same main cause include Canton High School Athletic Booster Club Inc ($154k), Colin Powell Elementary Parent Teacher Organization the Woodlands ($154k) and Ozark Tigers Booster Club Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.