Light of Lea County

Analysis

Light of Lea County is a registered charity in United States, based in Hobbs, NM. It received its IRS tax-exemption ruling in December 2013, 13 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 of Lea County reported income of $147k and spending of $115k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $147k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Light of Lea County sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within NM. Charities of a similar size with the same main cause include Loving Gods Children ($147k), South Park Food BNK ($147k) and Texas Lamb Breeders Association Inc ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 39% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.