Little Fountains of Light

Analysis

Little Fountains of Light is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Little Fountains of Light reported income of $1.3m and spending of $1.1m, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $974k to $1.3m (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Fountains of Light sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Sheldon Christian School Association ($1.3m), Golden Key International Honour Society Inc ($1.3m) and College Association of New York City College of Technology Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $753k. At year end it held assets of $674k against liabilities of $0, net assets of $674k. It reported 38 employees.