Salt and Light Works

Analysis

Salt and Light Works is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Salt and Light Works reported income of $3.8m and spending of $2.3m, leaving 40% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $348k to $3.8m (+1000%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 189%. Over the whole period it spent 61% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Salt and Light Works sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Alliance Housing Incorporated ($3.8m), Housing Initiative Partnership Inc ($3.8m) and Choctaw Home Finance Corporation ($3.8m).

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 $302k (13% of expenses). Other salaries and wages came to $689k. At year end it held assets of $2.5m against liabilities of $691k, net assets of $1.8m. It reported 20 employees.