Alma the Lighthouse

Analysis

Alma the Lighthouse is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alma the Lighthouse reported income of $316k and spending of $427k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $316k (+534%), an average of +59% a year. The sharpest change came in the year to December 2020, when income rose by 417%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alma the Lighthouse sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Smiles Childcare ($316k), Coconino Casa for Kids Inc ($316k) and County Cupboard Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $1.8m, net assets of -$326k.