B the Light

Analysis

B the Light is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, B the Light reported income of $114k and spending of $100k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $114k (+5.6%), an average of +5.6% a year. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, B the Light sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Scranton Chapter Unico National ($114k), Canfield Rotary Association ($114k) and Historic Toxaway Foundation ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $126k against liabilities of $1,467, net assets of $124k.