Lighthouse Albania

Analysis

Lighthouse Albania is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lighthouse Albania reported income of $84k and spending of $65k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $84k (-14%), an average of -14% a year. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lighthouse Albania sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Si on ($84k), First Faith Baptist Church Inc ($84k) and Good News San Antonio Church ($83k).

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 $29k against liabilities of $0, net assets of $29k.