Freedom Lighthouse

Analysis

Freedom Lighthouse is a registered charity in United States, based in Kiln, MS. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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, Freedom Lighthouse reported income of $83k and spending of $71k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $83k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Freedom Lighthouse sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within MS. Charities of a similar size with the same main cause include North Coast Housing ($83k), PTA North Carolina Congress ($83k) and Jefferson County Historical Society Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.