Lighted Way Foundation

Analysis

Lighted Way Foundation is a registered charity in United States, based in LA Salle, IL. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Lighted Way Foundation reported income of $52k and spending of $4,667, leaving 91% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $56k to $52k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to June 2024, when income rose by 76%. Over the whole period it spent 160% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lighted Way Foundation 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 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Valhalla Sailing Project Ltd ($52k), Little Hopes Inc ($52k) and Feeding America Eastern Wisconsin Foundation Inc ($52k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.