Lighthouse

Analysis

Lighthouse is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Lighthouse reported income of $449k and spending of $468k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $389k to $449k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lighthouse sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Health Care Interpreter Network ($449k), Christian Love Ministries ($449k) and Charlies 3-4 House Inc ($449k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $113k (24% of expenses). Other salaries and wages came to $63k. At year end it held assets of $291k against liabilities of $0, net assets of $291k. It reported 9 employees.

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.