Eastlight Theatre Inc
Analysis
Eastlight Theatre Inc is a registered charity in United States, based in East Peoria, IL. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Eastlight Theatre Inc reported income of $250k and spending of $175k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $250k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 78% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Eastlight Theatre Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include American Friends of Beit Orot Inc ($250k), American Muslim Today Foundation Inc ($250k) and Punktorah Inc ($250k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $64k (37% of expenses). Other salaries and wages came to $14k. At year end it held assets of $277k against liabilities of $390, net assets of $277k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 67%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Friends of Beit Orot Inc | Hewlett | $250k |
| American Muslim Today Foundation Inc | Richardson | $250k |
| Punktorah Inc | Midlothian | $250k |
| Philadelphia Community Outreach Center | Chicago | $250k |