Pilot Light

Analysis

Pilot Light is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Pilot Light reported income of $717k and spending of $785k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $796k to $717k (-9.8%), an average of -3.4% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pilot Light sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include New Day Recovery Youth & Family Services Inc ($717k), Brain Injury Association of Maryland Inc ($718k) and Student Health Options ($717k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 119% and program service revenue 9.3% of the total. Other salaries and wages came to $355k. At year end it held assets of $328k against liabilities of $82k, net assets of $246k. It reported 8 employees.