Candlelight Guild

Analysis

Candlelight Guild is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in April 1951, 75 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 June 2024, Candlelight Guild reported income of $83k and spending of $81k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $58k to $83k (+43%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Candlelight Guild 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 34th percentile within CA. Charities of a similar size with the same main cause include Historic Kansas City Foundation ($83k), Funeral Consumers Alliance of Arizona Inc ($83k) and Friends of GCCS Inc ($83k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 10% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.