Lighthouse-Ft Bend

Analysis

Lighthouse-Ft Bend is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in February 2019, 7 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 2022, Lighthouse-Ft Bend reported income of $162k and spending of $172k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $232k to $162k (-30%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse-Ft Bend sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Ahlul Beyt Mosque Inc ($162k), Loving All Peoples ($162k) and S E E D Ministries Inc ($162k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.