Lighthouse Torah Project Inc

Analysis

Lighthouse Torah Project Inc is a registered charity in United States, based in N Miami Beach, FL. It received its IRS tax-exemption ruling in November 2018, 8 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 2021, Lighthouse Torah Project Inc reported income of $63k and spending of $60k, spending 94% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $64k to $63k (-1.6%), an average of -0.8% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Torah Project Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Women of Dominio International Inc ($63k), United Sikh Movement ($63k) and A2 Missionary Fund ($63k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $29k. At year end it held assets of $136k against liabilities of $129k, net assets of $7,411.