Bens Lighthouse Inc

Analysis

Bens Lighthouse Inc is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in July 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 (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, Bens Lighthouse Inc reported income of $152k and spending of $174k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $152k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bens Lighthouse Inc 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 45th percentile within CT. Charities of a similar size with the same main cause include Ministers Conference Empowerment Center CDC ($152k), Stony Brook Legendary Lights Inc ($152k) and Bro2go Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 3.2% of the total. At year end it held assets of $206k against liabilities of $3,215, net assets of $203k.