Light of China Foundation

Analysis

Light of China Foundation is a registered charity in United States, based in Azusa, CA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 April 2022, Light of China Foundation reported income of $64k and spending of $24k, leaving 62% of income unspent that year. Across the 2 years on record, from April 2020 to April 2022, income grew from $62k to $64k (+3.3%), an average of +3.3% a year. Over the whole period it spent 39% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light of China Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Dozen Ministries ($64k), For His Glory ($64k) and Randy Roberts Evangelistic Ministries ($64k).

On its Form 990 for the period ending April 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $22k (91% of expenses). At year end it held assets of $96k against liabilities of $0, net assets of $96k. It reported 1 employees.