Into Light Inc
Analysis
Into Light Inc is a registered charity in United States, based in Rising Sun, MD. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Into Light Inc reported income of $182k and spending of $168k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $182k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 82% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Into Light Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MD. Charities of a similar size with the same main cause include The Deanery School of Music ($182k), Music on the Half Shell ($182k) and Heaven Gallery ($182k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Deanery School of Music | Davenport | $182k |
| Music on the Half Shell | Roseburg | $182k |
| Heaven Gallery | Chicago | $182k |
| Tacoma Urban Performing Arts Center | Tacoma | $182k |