Lightsys Technology Services Inc
Analysis
Lightsys Technology Services Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lightsys Technology Services Inc reported income of $309k and spending of $284k, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $310k to $309k (-0.2%), an average of +-0.0% a year. Over the whole period it spent 97% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Lightsys Technology 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 62nd percentile, and in the 59th percentile within CO. Charities of a similar size with the same main cause include Gods Final Call and Warning Inc ($309k), Pentecostal Church of God Im 33rpnv ($309k) and Word Radio Educational Foundation ($309k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $122k (43% of expenses). Other salaries and wages came to $102k. At year end it held assets of $140k against liabilities of $4,562, net assets of $135k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 4.6%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gods Final Call and Warning Inc | Chatham | $309k |
| Pentecostal Church of God Im 33rpnv | N Las Vegas | $309k |
| Word Radio Educational Foundation | New Durham | $309k |
| Iglesia de Cristo Armonia Ministerio Llamada Final Inc | San Diego | $309k |