Anderson Lights Of Hope
EIN: 562650542 · Anderson, SC · NTEE: T21
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $80K |
| Net Assets | $144K |
Is Anderson Lights Of Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Anderson Lights Of Hope
Anderson Lights Of Hope (EIN: 562650542) is a nonprofit organization based in Anderson, SC, classified under NTEE code T21. The organization reported total revenue of $112K and total assets of $347K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anderson Lights Of Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anderson Lights Of Hope is a small nonprofit that has been operating for 11 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $80K |
| Surplus / Deficit | +$11K |
| Total Assets | $337K |
| Total Liabilities | $193K |
| Net Assets | $144K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 57.2% |
| Months of Reserves | 50.5 months |
Financial Health Grade: A
In 2022, Anderson Lights Of Hope reported a surplus of $11K with revenue exceeding expenses, holds 50.5 months of operating reserves (strong position), has a debt-to-asset ratio of 57.2% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Anderson Lights Of Hope's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +11.0% | -16.1% | -0.8% |
| 2021 | +71.1% | +9.3% | -0.7% |
| 2020 | -55.2% | -36.3% | +1.7% |
| 2019 | +15.7% | +45.2% | -0.1% |
| 2018 | +7.3% | +8.5% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Anderson Lights Of Hope has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anderson Lights Of Hope with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.2%.
Frequently Asked Questions about Anderson Lights Of Hope
Is Anderson Lights Of Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Anderson Lights Of Hope (EIN: 562650542) insufficient data. 0 red flags identified, 0 strengths noted.
How does Anderson Lights Of Hope spend its money?
Detailed spending breakdown data is not yet available for Anderson Lights Of Hope. Check back for updated IRS 990 analysis.
Are donations to Anderson Lights Of Hope tax-deductible?
Anderson Lights Of Hope is registered as a tax-exempt nonprofit (EIN: 562650542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Anderson Lights Of Hope located?
Anderson Lights Of Hope is headquartered in Anderson, South Carolina and files with the IRS under EIN 562650542. It is classified under NTEE code T21.
How many years of IRS 990 filings does Anderson Lights Of Hope have?
Anderson Lights Of Hope has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $112K in total revenue.
Filing History
IRS 990 filing history for Anderson Lights Of Hope showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Anderson Lights Of Hope's revenue has grown by 234.8%, moving from $27K to $92K. Total assets increased by 49.7% over the same period, from $225K to $337K. Total functional expenses rose by 133.1%, from $34K to $80K. In its most recent filing year (2022), Anderson Lights Of Hope reported a surplus of $11K, with revenue exceeding expenses. The organization holds $193K in liabilities against $337K in assets (debt-to-asset ratio: 57.2%), resulting in net assets of $144K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $92K | $80K | $337K | $193K | — | View 990 |
| 2021 | $82K | $95K | $339K | $207K | — | — |
| 2020 | $48K | $87K | $342K | $196K | — | View 990 |
| 2019 | $108K | $137K | $336K | $151K | — | View 990 |
| 2018 | $93K | $94K | $336K | $122K | — | View 990 |
| 2017 | $87K | $87K | $317K | $126K | — | View 990 |
| 2016 | $121K | $145K | $296K | $105K | — | View 990 |
| 2015 | $131K | $134K | $230K | $15K | — | View 990 |
| 2014 | $49K | $43K | $230K | $12K | — | View 990 |
| 2013 | $77K | $84K | $225K | $12K | — | View 990 |
| 2012 | $77K | $76K | $226K | $7K | — | View 990 |
| 2011 | $27K | $34K | $225K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $92K, expenses of $80K, and assets of $337K (revenue +11.0% year-over-year).
- 2021: Revenue of $82K, expenses of $95K, and assets of $339K (revenue +71.1% year-over-year).
- 2020: Revenue of $48K, expenses of $87K, and assets of $342K (revenue -55.2% year-over-year).
- 2019: Revenue of $108K, expenses of $137K, and assets of $336K (revenue +15.7% year-over-year).
- 2018: Revenue of $93K, expenses of $94K, and assets of $336K (revenue +7.3% year-over-year).
- 2017: Revenue of $87K, expenses of $87K, and assets of $317K (revenue -28.5% year-over-year).
- 2016: Revenue of $121K, expenses of $145K, and assets of $296K (revenue -7.8% year-over-year).
- 2015: Revenue of $131K, expenses of $134K, and assets of $230K (revenue +170.7% year-over-year).
- 2014: Revenue of $49K, expenses of $43K, and assets of $230K (revenue -37.3% year-over-year).
- 2013: Revenue of $77K, expenses of $84K, and assets of $225K (revenue +0.4% year-over-year).
- 2012: Revenue of $77K, expenses of $76K, and assets of $226K (revenue +182.3% year-over-year).
- 2011: Revenue of $27K, expenses of $34K, and assets of $225K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anderson Lights Of Hope:
Data Sources and Methodology
This transparency report for Anderson Lights Of Hope is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.