Lamplighter School Inc

Analysis

Lamplighter School Inc is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in September 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Lamplighter School Inc reported income of $2.4m and spending of $1.9m, spending 80% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.2m to $2.4m (+94%), an average of +18% a year. The sharpest change came in the year to July 2022, when income rose by 26%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lamplighter School Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Eagles View Academy Inc ($2.4m), County of San Diego Black Chamber of Commerce ($2.4m) and Parkview Montessori School Inc ($2.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $114k (5.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.9m against liabilities of $2.7m, net assets of $2.2m. It reported 49 employees.