Lighthouse Central Florida Inc

Analysis

Lighthouse Central Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 1984, 42 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 September 2023, Lighthouse Central Florida Inc reported income of $5.0m and spending of $4.9m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.7m to $5.0m (+35%), an average of +7.7% a year. The sharpest change came in the year to September 2022, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lighthouse Central Florida Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Northeast Placement Services Inc ($5.0m), Spur Community Foundation Inc ($5.0m) and Good Counsel Inc ($5.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $448k (9.1% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $8.6m against liabilities of $2.6m, net assets of $6.0m. It reported 66 employees.