Streetlights

Analysis

Streetlights is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 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 2023, Streetlights reported income of $843k and spending of $840k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $399k to $843k (+111%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Streetlights sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Engage West Africa Inc ($843k), Zion Evangelical Ministries of Africa ($843k) and Dongyu Gatsal Ling Initiatives Incorporated ($843k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $184k (22% of expenses). Other salaries and wages came to $246k. At year end it held assets of $380k against liabilities of $64k, net assets of $316k. It reported 6 employees.