Streetlights

Analysis

Streetlights is a registered charity in United States, based in West Hollywood, CA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Streetlights reported income of $533k and spending of $533k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $484k to $533k (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Streetlights sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Community Action Development Corporation of Bethlehem ($533k), Wildheart International Ministries ($533k) and Local Economic & Employement Development Council Inc ($532k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (16% of expenses). Other salaries and wages came to $179k. At year end it held assets of $458k against liabilities of $582, net assets of $458k. It reported 4 employees.