Carriers of Light
Analysis
Carriers of Light is a registered charity in United States, based in Glendale HTS, IL. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Carriers of Light reported income of $1.3m and spending of $826k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $798k to $1.3m (+60%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 71% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Carriers of Light sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Holy Family Academy Inc ($1.3m), Forest Meadows Building Corporation ($1.3m) and Decatur Christian School Inc ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Other salaries and wages came to $460k. At year end it held assets of $1.9m against liabilities of $40k, net assets of $1.9m. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 68%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Holy Family Academy Inc | Phoenix | $1.3m |
| Forest Meadows Building Corporation | Colorado SPGS | $1.3m |
| Decatur Christian School Inc | Forsyth | $1.3m |
| Economic Development Alliance of Skagit County Foundation | Mount Vernon | $1.3m |