Lighthouse Recovery Community Center Inc

Analysis

Lighthouse Recovery Community Center Inc is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lighthouse Recovery Community Center Inc reported income of $1.0m and spending of $866k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $312k to $1.0m (+228%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 154%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lighthouse Recovery Community Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include North Shore-Lij Occupational Medicine PC ($1.0m), House of Transplant & Cancer ($1.0m) and Hope Coalition Corp ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $53k (6.2% of expenses). Other salaries and wages came to $474k. At year end it held assets of $1.3m against liabilities of $304k, net assets of $1.0m. It reported 37 employees.