Light the Candle International

Analysis

Light the Candle International is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in August 2011, 15 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 December 2023, Light the Candle International reported income of $135k and spending of $144k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $135k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Light the Candle International sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include 4g Foundation ($135k), Huber Opera House and Civic Center Inc ($135k) and Palos Verdes Peninsula Village Incorporated ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $350k against liabilities of $0, net assets of $350k.