Light of the World Charities Inc

Analysis

Light of the World Charities Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Light of the World Charities Inc reported income of $968k and spending of $806k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $842k to $968k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 78% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Light of the World Charities Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Arise Global Inc ($967k), Rancheros Unidos Foundation Inc ($969k) and Womens Bakery Inc ($967k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $252k (31% of expenses). Other salaries and wages came to $225k. At year end it held assets of $1.6m against liabilities of $124k, net assets of $1.4m. It reported 9 employees.