Light Health and Wellness Comprehensive Services Inc

Analysis

Light Health and Wellness Comprehensive Services Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1999, 27 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 February 2023, Light Health and Wellness Comprehensive Services Inc reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 4 years on record, from February 2020 to February 2023, income fell from $1.2m to $1.0m (-11%), an average of -3.7% a year. The sharpest change came in the year to February 2022, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Light Health and Wellness Comprehensive Services Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Gamma Phi Delta Sorority ($1.0m), Jobswork Mke Inc ($1.0m) and Linus Project ($1.0m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 69% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $90k (8.2% of expenses). Other salaries and wages came to $450k. At year end it held assets of $287k against liabilities of $200k, net assets of $87k. It reported 16 employees.