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Lighting the Way Outreach

RegisteredEIN 47-3451656Soddy Daisy, TNPoverty relief
Income$105k2023-12
Spending$116ksame year
Spent / received92%2-year average
Size in its cause34th pctPoverty relief
Exempt since2019Publicly supported organisat
Employees–latest return

Analysis

Lighting the Way Outreach is a registered charity in United States, based in Soddy Daisy, TN. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Lighting the Way Outreach reported income of $105k and spending of $116k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $105k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lighting the Way Outreach sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within TN. Charities of a similar size with the same main cause include Timber Creek Charities ($105k), Hill Country Youth Commercial Heifer Show and Sale ($105k) and The Opus Foundation ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.4% of the total. At year end it held assets of $50k against liabilities of $160k, net assets of -$110k.

Income and spending

$0$32k$64k$96k$128k2022 Income: $127,5932022 Spending: $98,04820222023 Income: $104,8772023 Spending: $115,9152023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.4%
  • Other 92%

Similar-sized charities, same cause

CharityLocationIncome
Timber Creek CharitiesGuthrie Ctr$105k
Hill Country Youth Commercial Heifer Show and SaleDoss$105k
The Opus FoundationSpanish Fork$105k
Loaves & Fishes Hospitality House IncNew Milford$105k