Light of Life Support Corporation

Analysis

Light of Life Support Corporation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Light of Life Support Corporation reported income of $93k and spending of $294k, spending 318% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $576 to $93k (+15965%), an average of +444% a year. The sharpest change came in the year to September 2021, when income rose by 11765%. Over the whole period it spent 330% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Light of Life Support Corporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Farm in the Dell Rocky Mountain Front Inc ($93k), Philadelphia Community Land Trust ($93k) and Independent Supportive Housing Oakland II Inc ($93k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7.7m against liabilities of $7.3m, net assets of $392k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.