The Light Foundation

Analysis

The Light Foundation is a registered charity in United States, based in Creve Coeur, MO. It received its IRS tax-exemption ruling in November 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 (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, The Light Foundation reported income of $322k and spending of $1.1m, spending 342% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $322k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 901%. Over the whole period it spent 169% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Light Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Southeastern Indiana Voices for Children Inc ($322k), Deliver Hope ($322k) and El Caballero Foundation ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Compensation of current officers, directors and key employees was $147k (13% of expenses). Other salaries and wages came to $47k. At year end it held assets of $2.8m against liabilities of $523k, net assets of $2.3m. It reported 8 employees.