Lighthouse Vocational Properties

Analysis

Lighthouse Vocational Properties is a registered charity in United States, based in New Holland, PA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Lighthouse Vocational Properties reported income of $148k and spending of $4,872, leaving 97% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $25k to $148k (+492%), an average of +492% a year. The sharpest change came in the year to June 2023, when income rose by 492%. Over the whole period it spent 5.8% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lighthouse Vocational Properties sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Canyon Gleaners ($148k), Long Beach Waterfront Warriors ($148k) and Camp Big Heart Civitan Club Inc ($148k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 15% of the total. At year end it held assets of $496k against liabilities of $167k, net assets of $329k.