His Lighthouse Inc

Analysis

His Lighthouse Inc is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, His Lighthouse Inc reported income of $72k and spending of $88k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $73k to $72k (-1.0%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, His Lighthouse Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include National Charity League ($72k), Joseph Lemm Memorial Foundation Ltd ($72k) and Women Sharing Hope ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.