Lighthouse Ranch for Boys Inc

Analysis

Lighthouse Ranch for Boys Inc is a registered charity in United States, based in Loranger, LA. It received its IRS tax-exemption ruling in October 2010, 16 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 December 2023, Lighthouse Ranch for Boys Inc reported income of $2.4m and spending of $2.7m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.4m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 40%. 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, Lighthouse Ranch for Boys Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include Steps to End Domestic Violence Inc ($2.4m), Somali Health Board ($2.4m) and Florence Crittenton Services of Greater Washington ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $291k (11% of expenses). Other salaries and wages came to $812k. At year end it held assets of $2.1m against liabilities of $1.2m, net assets of $976k. It reported 42 employees.