Lighthouse Transitional Care Inc

Analysis

Lighthouse Transitional Care Inc is a registered charity in United States, based in Athens, TX. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lighthouse Transitional Care Inc reported income of $125k and spending of $147k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $125k (-9.8%), an average of -9.8% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lighthouse Transitional Care Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Fairview TLC Services Inc ($125k), North Central Nebraska Pregnancy Resource Center Inc ($125k) and Haven ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $1,277, net assets of $16k.