On Light Aurora

Analysis

On Light Aurora is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, On Light Aurora reported income of $51k and spending of $325k, spending 634% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $566k to $51k (-91%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 84%. Over the whole period it spent 122% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, On Light Aurora sits at the 21st percentile: it is larger than about 21% 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 Morrison Community Development Association ($51k), Stockton Blvd Community Development Corporation ($51k) and Destiny Theater ($51k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 583% of the total. At year end it held assets of $791k against liabilities of $705k, net assets of $86k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.