Beacon Light Mission

Analysis

Beacon Light Mission is a registered charity in United States, based in Wilmington, CA. It received its IRS tax-exemption ruling in November 1934, 92 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 February 2023, Beacon Light Mission reported income of $372k and spending of $466k, spending 125% of what it took in. Across the 5 years on record, from February 2019 to February 2023, income grew from $305k to $372k (+22%), an average of +5.1% a year. The sharpest change came in the year to February 2020, when income rose by 53%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beacon Light Mission sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include North County Project ($372k), Wilderness Trek Christian Camp ($372k) and Onward Church Planting Inc ($372k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (15% of expenses). Other salaries and wages came to $89k. It paid $25k in professional fundraising fees. At year end it held assets of $1.5m against liabilities of -$6, net assets of $1.5m. It reported 7 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.