Light Bringer Project

Analysis

Light Bringer Project is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in April 1994, 32 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, Light Bringer Project reported income of $356k and spending of $375k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $356k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Light Bringer Project sits at the 63rd percentile: it is larger than about 63% 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 Scottsdale Community Players ($356k), Fort Pierre Volunteer Fire Fighters Association Inc ($356k) and Friends of the Library of Tampa Hillsborough County Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $34k (9.0% of expenses). Other salaries and wages came to $95k. At year end it held assets of $25k against liabilities of $22k, net assets of $2,766. It reported 12 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.