Stony Brook Legendary Lights Inc

Analysis

Stony Brook Legendary Lights Inc is a registered charity in United States, based in Lancaster, NY. It received its IRS tax-exemption ruling in June 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2024, Stony Brook Legendary Lights Inc reported income of $152k and spending of $152k, spending 100% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $63k to $152k (+142%), an average of +142% a year. The sharpest change came in the year to September 2024, when income rose by 142%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stony Brook Legendary Lights Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Bens Lighthouse Inc ($152k), Almost Home ($152k) and Ministers Conference Empowerment Center CDC ($152k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,160 against liabilities of $0, net assets of $2,160.