Lightpath Health

Analysis

Lightpath Health is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lightpath Health reported income of $417k and spending of $574k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $647k to $417k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lightpath Health sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Heritage House Inc ($417k), Anderson County Hospital Foundation ($417k) and Horizon Health Foundation of East Central Illinois Inc ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $107k (19% of expenses). Other salaries and wages came to $167k. At year end it held assets of $195k against liabilities of $37k, net assets of $158k. It reported 3 employees.