Lighthouse Harvest Foundation

Analysis

Lighthouse Harvest Foundation is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Lighthouse Harvest Foundation reported income of $94k and spending of $119k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $185k to $94k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lighthouse Harvest Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include Hugs for Tomorrow Inc ($94k), Friends of the Farm Northport Inc ($94k) and Somervell County Food Bank ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $168k against liabilities of $0, net assets of $168k.