Lighthouse of Hope

Analysis

Lighthouse of Hope is a registered charity in United States, based in Mount Eaton, OH. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 of Hope reported income of $183k and spending of $59k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $183k to $183k (-0.2%), an average of -0.1% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 60% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lighthouse of Hope sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include S S B R L Inc ($183k), Great Lakes Regional Field Hockey Inc ($183k) and Ohio Blast ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $966k against liabilities of $0, net assets of $966k. It reported 1 employees.