Shine a Ligh7 Foundation

Analysis

Shine a Ligh7 Foundation is a registered charity in United States, based in St Louis Park, MN. It received its IRS tax-exemption ruling in July 2017, 9 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, Shine a Ligh7 Foundation reported income of $87k and spending of $36k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $24k to $87k (+256%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 709%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shine a Ligh7 Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Trenton Educational Foundation Incorporated ($87k), Columbiana Community Foundation Inc ($87k) and American Friends of the Jewishcommunity of Vladivostok Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.