Lighthouse for Christ Mission

Analysis

Lighthouse for Christ Mission is a registered charity in United States, based in Keller, TX. It received its IRS tax-exemption ruling in March 1982, 44 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 December 2023, Lighthouse for Christ Mission reported income of $1.5m and spending of $1.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lighthouse for Christ Mission sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Centrepointe Counseling Inc ($1.5m), San Diego Nice Guys ($1.5m) and Bible Studies Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $130k (8.2% of expenses). Other salaries and wages came to $262k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 5 employees.