Lighthouse Foundation

Analysis

Lighthouse Foundation is a registered charity in United States, based in St Charles, IL. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lighthouse Foundation reported income of $204k and spending of $205k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $229k to $204k (-11%), an average of -11% a year. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lighthouse Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Joes KC Cares Foundation ($204k), Gulf Coast Cares Inc ($204k) and Texarkana Volunteer Services Bureau Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $154k against liabilities of $938, net assets of $153k.