First Light Inc

Analysis

First Light Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 1998, 28 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 June 2023, First Light Inc reported income of $2.3m and spending of $2.1m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.5m to $2.3m (-8.7%), an average of -3.0% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Light 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 90th percentile within AL. Charities of a similar size with the same main cause include Planned Parenthood Minnesota North Dakota South Dakota Fund ($2.3m), Hispanic Center Lehigh Valley ($2.3m) and Family Resource Center Association Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $97k (4.7% of expenses). Other salaries and wages came to $504k. At year end it held assets of $5.4m against liabilities of $49k, net assets of $5.4m. It reported 21 employees.