Guiding Light Mentoring

Analysis

Guiding Light Mentoring is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Guiding Light Mentoring reported income of $239k and spending of $224k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $219k to $239k (+9.1%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Guiding Light Mentoring sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Hope Offered to People Everywhere ($239k), A Fair Shake for Youth Inc ($240k) and North East Neighborhood Association ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 9.8% of the total. Other salaries and wages came to $83k. It paid $4,250 in professional fundraising fees. At year end it held assets of $273k against liabilities of $373, net assets of $273k. It reported 5 employees.