Lighthouse Family Worship Centre

Analysis

Lighthouse Family Worship Centre is a registered charity in United States, based in Cumberland, RI. It received its IRS tax-exemption ruling in December 1991, 35 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lighthouse Family Worship Centre reported income of $102k and spending of $103k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $102k (+4.3%), an average of +4.3% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lighthouse Family Worship Centre 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 38th percentile, and in the 33rd percentile within RI. Charities of a similar size with the same main cause include Mendota PTA ($102k), Hartford Historical Society Inc ($102k) and Santa Cruz Zen Center ($102k).

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 $1 against liabilities of $0, net assets of $1.