Light a Candle Project
Analysis
Light a Candle Project is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Light a Candle Project reported income of $1.2m and spending of $1.1m, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $519k to $1.2m (+128%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 85% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Light a Candle Project sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Human Rights in China Inc ($1.2m), Global Minnesota ($1.2m) and Collateral Repair Project ($1.2m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $48k (4.2% of expenses). Other salaries and wages came to $114k. At year end it held assets of $742k against liabilities of $5,715, net assets of $736k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.5%
- Program services 96%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Human Rights in China Inc | New York | $1.2m |
| Global Minnesota | Minneapolis | $1.2m |
| Collateral Repair Project | Bedford Hills | $1.2m |
| Hearts & Hope | Saint Peters | $1.2m |