The Lighthouse School

Analysis

The Lighthouse School is a registered charity in United States, based in Coos Bay, OR. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Lighthouse School reported income of $2.3m and spending of $2.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.3m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Lighthouse School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Allegiance Academy Inc ($2.3m), The Walden School Inc ($2.3m) and Mesivta Kesser Torah of Baltimore Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $89k (4.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.7m against liabilities of $2.5m, net assets of $234k. It reported 44 employees.