Lightbridge International

Analysis

Lightbridge International is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lightbridge International reported income of $780k and spending of $806k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $453k to $780k (+72%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lightbridge International sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include The Kenneth Cox Ministries ($780k), Eugene and Nell Fincke Memorial TR ($780k) and Champaign Urbana Jewish Federation ($780k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $96k (12% of expenses). Other salaries and wages came to $164k. At year end it held assets of $245k against liabilities of $840, net assets of $244k. It reported 9 employees.