Tower of Light Ministries

Analysis

Tower of Light Ministries is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, 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 December 2023, Tower of Light Ministries reported income of $92k and spending of $84k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $92k (+13%), an average of +13% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tower of Light Ministries sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 30th percentile within WA. Charities of a similar size with the same main cause include Innocent Voices Inc ($92k), Task Force Hydro1 ($92k) and Nebraska Statewide Ems Conference Corporation ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.