Lighting the Way Outreach
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
Where the income comes from
- Contributions & grants 8.4%
- Other 92%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Timber Creek Charities | Guthrie Ctr | $105k |
| Hill Country Youth Commercial Heifer Show and Sale | Doss | $105k |
| The Opus Foundation | Spanish Fork | $105k |
| Loaves & Fishes Hospitality House Inc | New Milford | $105k |