Signlight Inc

Analysis

Signlight Inc is a registered charity in United States, based in Westlake VLG, CA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Signlight Inc reported income of $60k and spending of $66k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $50k to $60k (+20%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Signlight Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include John Land Apopka Community Trust Inc ($60k), Kiwanis Club of Seward Foundationinc ($60k) and Cheryl P McLeskey Charitable Foundation Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.