The Lighthouse Black Girl Project

Analysis

The Lighthouse Black Girl Project is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in May 2018, 8 years ago. 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 Lighthouse Black Girl Project reported income of $2.0m and spending of $1.9m, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $622k to $2.0m (+222%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Lighthouse Black Girl Project sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within MS. Charities of a similar size with the same main cause include Mt Lebanon Extended Day Program Inc ($2.0m), One Hundred Black Men ($2.0m) and Best Christmas Ever Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $143k against liabilities of $151k, net assets of -$8,205. It reported 17 employees.