Lighthouse Center for Vital Living

Analysis

Lighthouse Center for Vital Living is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in March 1951, 75 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Lighthouse Center for Vital Living reported income of $1.7m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $979k to $1.7m (+73%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 316%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lighthouse Center for Vital Living 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 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Vital Talk ($1.7m), Riverside Recovery Resources ($1.7m) and The Turning Point Home of San Diego ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $82k (4.7% of expenses). Other salaries and wages came to $846k. At year end it held assets of $6.0m against liabilities of $216k, net assets of $5.8m. It reported 27 employees.