Lighthouse Foundation

Analysis

Lighthouse Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 2003, 23 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lighthouse Foundation reported income of $76k and spending of $100k, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $130k to $76k (-41%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 39%. Over the whole period it spent 76% 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 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NE. Charities of a similar size with the same main cause include Opp City Schools Foundation ($76k), Southern Senior High School Sports Booster Club Inc ($76k) and Kits to Heart Foundation ($76k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $2.4m against liabilities of $4,195, net assets of $2.3m.