Friends of the Fort Gratiot Light

Analysis

Friends of the Fort Gratiot Light is a registered charity in United States, based in Port Huron, MI. It received its IRS tax-exemption ruling in August 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, Friends of the Fort Gratiot Light reported income of $206k and spending of $204k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $206k (+635%), an average of +635% a year. The sharpest change came in the year to December 2023, when income rose by 635%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Fort Gratiot Light sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Keene Senior Citizens Inc ($206k), Kids Write Good ($206k) and House of Myrrh ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.