Rochester Lightning Inc

Analysis

Rochester Lightning Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in September 2020, 6 years ago. 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, Rochester Lightning Inc reported income of $58k and spending of $71k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $58k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rochester Lightning Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Ohio Arts and Crafts Foundation ($58k), Cedarburg Athletic Booster Club Inc ($58k) and National Church Residences of Elizabeth New Jersey Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 72% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.