Elenas Light Inc

Analysis

Elenas Light Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Elenas Light Inc reported income of $148k and spending of $99k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $148k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elenas Light Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CT. Charities of a similar size with the same main cause include Edina Robotics Foundation ($148k), Alltricity Scholarship Foundation ($148k) and Parent Booster USA Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.