Lightrider Inc

Analysis

Lightrider Inc is a registered charity in United States, based in Upland, IN. It received its IRS tax-exemption ruling in January 1978, 48 years ago. 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, Lightrider Inc reported income of $102k and spending of $98k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $326k to $102k (-69%), an average of -25% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lightrider Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include Kosciusko County Historical Society Incorporated ($102k), Santa Cruz Zen Center ($102k) and Emmaus Road International Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $38k (39% of expenses). Other salaries and wages came to $17k. At year end it held assets of $90k against liabilities of $843, net assets of $89k. It reported 2 employees.