Light for Life

Analysis

Light for Life is a registered charity in United States, based in Scarborough, ME. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Light for Life reported income of $155k and spending of $149k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $178k to $155k (-13%), an average of -13% a year. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Light for Life sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 41st percentile within ME. Charities of a similar size with the same main cause include Douglas Dolfins Swim Team Inc ($155k), Lone Star Chapter National Charity League Inc ($155k) and Trustees of Purdue University ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.