Lighthouse on the Lake Center Inc

Analysis

Lighthouse on the Lake Center Inc is a registered charity in United States, based in Hastings, MI. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Lighthouse on the Lake Center Inc reported income of $56k and spending of $57k, spending 102% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $53k to $56k (+6.2%), an average of +6.2% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lighthouse on the Lake Center Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include Hoppys Hope to End Huntingtons Disease ($56k), Columbus-Lowdes Free Medical Clinic Inc ($56k) and Pages of Our Communities Foundation ($56k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $6,527, net assets of $14k.