Lighthouse Living Centers No 2 Incorporated

Analysis

Lighthouse Living Centers No 2 Incorporated is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lighthouse Living Centers No 2 Incorporated reported income of $397k and spending of $345k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $351k to $397k (+13%), an average of +3.1% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lighthouse Living Centers No 2 Incorporated sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Jefferson East Inc ($397k), Urban Soil Tierra Urbana ($398k) and South Daytona Beach Good Samaritan Housing Inc ($397k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $60k. At year end it held assets of $719k against liabilities of $700k, net assets of $18k.