Lighthouse Residences NFP

Analysis

Lighthouse Residences NFP is a registered charity in United States, based in Highland Park, IL. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, 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 Residences NFP reported income of $106k and spending of $143k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $106k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 156% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lighthouse Residences NFP sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Smooth Sailing Inc ($106k), Crisis Pregnancy Center of Putnam County Inc ($106k) and MFF NFP ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $1,916 against liabilities of $0, net assets of $1,916.