Lower Lights School of Wisdom

Analysis

Lower Lights School of Wisdom is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in August 2018, 8 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 December 2023, Lower Lights School of Wisdom reported income of $180k and spending of $267k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $302k to $180k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 190%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lower Lights School of Wisdom sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within UT. Charities of a similar size with the same main cause include Saint Joseph & St Rita Monastery of the Capuchin Poor Clare Nuns ($180k), Full Gospel Baltimore Church ($180k) and Journey U ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $124k (46% of expenses). At year end it held assets of $288k against liabilities of $112k, net assets of $177k.