Lighthouse For The Blind Of Houston
EIN: 741146781 · Houston, TX · NTEE: G41Z
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $5.2M |
| Net Assets | $25.0M |
Is Lighthouse For The Blind Of Houston Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lighthouse For The Blind Of Houston
Lighthouse For The Blind Of Houston (EIN: 741146781) is a nonprofit organization based in Houston, TX, classified under NTEE code G41Z. The organization reported total revenue of $5.3M and total assets of $24.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse For The Blind Of Houston's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lighthouse For The Blind Of Houston is a mid-size nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-1,551,828 |
| Total Assets | $25.6M |
| Total Liabilities | $594K |
| Net Assets | $25.0M |
| Operating Margin | -42.4% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 58.9 months |
Financial Health Grade: B
In 2023, Lighthouse For The Blind Of Houston reported a deficit of $1.6M with expenses exceeding revenue, holds 58.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lighthouse For The Blind Of Houston's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.8% | +6.0% | -11.0% |
| 2022 | -3.7% | -11.3% | +0.2% |
| 2021 | +10.8% | -12.9% | -3.3% |
| 2020 | -78.7% | -14.6% | -1.6% |
| 2019 | +348.4% | +1.2% | +94.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lighthouse For The Blind Of Houston 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 Lighthouse For The Blind Of Houston 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Lighthouse For The Blind Of Houston
Is Lighthouse For The Blind Of Houston a legitimate charity?
Based on AI analysis of IRS 990 filings, Lighthouse For The Blind Of Houston (EIN: 741146781) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lighthouse For The Blind Of Houston spend its money?
Detailed spending breakdown data is not yet available for Lighthouse For The Blind Of Houston. Check back for updated IRS 990 analysis.
Are donations to Lighthouse For The Blind Of Houston tax-deductible?
Lighthouse For The Blind Of Houston is registered as a tax-exempt nonprofit (EIN: 741146781). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lighthouse For The Blind Of Houston located?
Lighthouse For The Blind Of Houston is headquartered in Houston, Texas and files with the IRS under EIN 741146781. It is classified under NTEE code G41Z.
How many years of IRS 990 filings does Lighthouse For The Blind Of Houston have?
Lighthouse For The Blind Of Houston has 13 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 $5.3M in total revenue.
Filing History
IRS 990 filing history for Lighthouse For The Blind Of Houston showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lighthouse For The Blind Of Houston's revenue has declined by 50.3%, moving from $7.4M to $3.7M. Total assets increased by 124% over the same period, from $11.4M to $25.6M. Total functional expenses fell by 30.5%, from $7.5M to $5.2M. In its most recent filing year (2023), Lighthouse For The Blind Of Houston reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $594K in liabilities against $25.6M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $25.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $5.2M | $25.6M | $594K | — | — |
| 2022 | $5.2M | $4.9M | $28.8M | $514K | — | View 990 |
| 2021 | $5.4M | $5.5M | $28.7M | $749K | — | — |
| 2020 | $4.9M | $6.4M | $29.7M | $1.6M | — | View 990 |
| 2019 | $22.9M | $7.5M | $30.2M | $594K | — | View 990 |
| 2018 | $5.1M | $7.4M | $15.5M | $1.5M | — | View 990 |
| 2017 | $15.1M | $7.6M | $17.1M | $793K | — | View 990 |
| 2016 | $7.0M | $7.3M | $10.2M | $1.4M | — | View 990 |
| 2015 | $7.2M | $7.1M | $10.0M | $851K | — | View 990 |
| 2014 | $6.9M | $7.0M | $9.7M | $598K | — | View 990 |
| 2013 | $7.6M | $8.1M | $10.7M | $1.5M | — | View 990 |
| 2012 | $6.5M | $7.4M | $10.4M | $565K | — | View 990 |
| 2011 | $7.4M | $7.5M | $11.4M | $757K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $5.2M, and assets of $25.6M (revenue -29.8% year-over-year).
- 2022: Revenue of $5.2M, expenses of $4.9M, and assets of $28.8M (revenue -3.7% year-over-year).
- 2021: Revenue of $5.4M, expenses of $5.5M, and assets of $28.7M (revenue +10.8% year-over-year).
- 2020: Revenue of $4.9M, expenses of $6.4M, and assets of $29.7M (revenue -78.7% year-over-year).
- 2019: Revenue of $22.9M, expenses of $7.5M, and assets of $30.2M (revenue +348.4% year-over-year).
- 2018: Revenue of $5.1M, expenses of $7.4M, and assets of $15.5M (revenue -66.2% year-over-year).
- 2017: Revenue of $15.1M, expenses of $7.6M, and assets of $17.1M (revenue +115.0% year-over-year).
- 2016: Revenue of $7.0M, expenses of $7.3M, and assets of $10.2M (revenue -1.7% year-over-year).
- 2015: Revenue of $7.2M, expenses of $7.1M, and assets of $10.0M (revenue +3.0% year-over-year).
- 2014: Revenue of $6.9M, expenses of $7.0M, and assets of $9.7M (revenue -8.2% year-over-year).
- 2013: Revenue of $7.6M, expenses of $8.1M, and assets of $10.7M (revenue +16.6% year-over-year).
- 2012: Revenue of $6.5M, expenses of $7.4M, and assets of $10.4M (revenue -11.8% year-over-year).
- 2011: Revenue of $7.4M, expenses of $7.5M, and assets of $11.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lighthouse For The Blind Of Houston:
Data Sources and Methodology
This transparency report for Lighthouse For The Blind Of Houston 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.