Lighthouse Christian Homeschool Association

Analysis

Lighthouse Christian Homeschool Association is a registered charity in United States, based in Youngsville, NC. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Lighthouse Christian Homeschool Association reported income of $60k and spending of $50k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $43k to $60k (+38%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lighthouse Christian Homeschool Association sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include Alma Area Foundation ($60k), Friends of J L King ($60k) and Normandy High School Alumni Association Inc ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 63% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.