Firstlight Community Foundation Inc

Analysis

Firstlight Community Foundation Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Firstlight Community Foundation Inc reported income of $582k and spending of $49k, leaving 92% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $207k to $582k (+182%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 254%. Over the whole period it spent 23% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Firstlight Community Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Nutrition Child Services Agency Inc ($582k), Rebuilding Together Fargo-Moorhead Area Inc ($582k) and Association for Little Friends Inc ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $834k against liabilities of $0, net assets of $834k.