Lighthouse Charities Inc

Analysis

Lighthouse Charities Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 October 2023, Lighthouse Charities Inc reported income of $97k and spending of $106k, spending 109% of what it took in. Across the 2 years on record, from October 2022 to October 2023, income grew from $86k to $97k (+13%), an average of +13% a year. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lighthouse Charities Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within OK. Charities of a similar size with the same main cause include Wasabi Paddling Club ($97k), Green River Knights American Legion Post 28 ($97k) and Cortlandt Community Rowing Association ($97k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.