Friends Of@lantern Hill Inc

Analysis

Friends Of@lantern Hill Inc is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in November 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@lantern Hill Inc reported income of $129k and spending of $109k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $131k to $129k (-1.5%), an average of -0.4% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends Of@lantern Hill Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MO. Charities of a similar size with the same main cause include Northern Michigan Mountain Biking a ($129k), Kula Kamala Foundation ($129k) and Rhode Island Fire Chiefs Honor Flight Hub Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.1% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.