Wabash County Lighthouse Missions Inc
Wabash County Lighthouse Missions Inc shows consistent revenue growth and significant asset accumulation with no reported officer compensation.
EIN: 201836882 · Wabash, IN · NTEE: P80 · Updated: 2026-03-28
Is Wabash County Lighthouse Missions Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wabash County Lighthouse Missions Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wabash County Lighthouse Missions Inc
Wabash County Lighthouse Missions Inc (EIN: 201836882) is a nonprofit organization based in Wabash, IN, classified under NTEE code P80. The organization reported total revenue of $632K and total assets of $650K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wabash County Lighthouse Missions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wabash County Lighthouse Missions Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Wabash County Lighthouse Missions Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for donor confidence and suggests a volunteer-driven leadership or extremely lean administrative costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Wabash County Lighthouse Missions Inc:
- Consistent revenue growth, from $183,018 in 2018 to $546,507 in 2023.
- Significant asset accumulation, increasing from $36,241 in 2018 to $712,445 in 2023.
- No reported officer compensation across all 13 filings, indicating high efficiency and dedication to mission.
- Positive net income in most recent years, with revenue exceeding expenses (e.g., $546,507 revenue vs. $413,354 expenses in 2023).
- Low liabilities relative to assets, suggesting financial stability (e.g., $192,185 liabilities vs. $712,445 assets in 2023).
Frequently Asked Questions about Wabash County Lighthouse Missions Inc
Is Wabash County Lighthouse Missions Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wabash County Lighthouse Missions Inc (EIN: 201836882) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Wabash County Lighthouse Missions Inc spend its money?
Wabash County Lighthouse Missions Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wabash County Lighthouse Missions Inc tax-deductible?
Wabash County Lighthouse Missions Inc is registered as a tax-exempt nonprofit (EIN: 201836882). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Wabash County Lighthouse Missions Inc a good charity?
Based on the provided financial data, Wabash County Lighthouse Missions Inc appears to be a good charity. It demonstrates consistent revenue growth, significant asset accumulation (from $36,241 in 2018 to $712,445 in 2023), and a notable commitment to minimizing overhead by reporting 0% officer compensation across all filings.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $183,018 in 2018 to $546,507 in 2023, and assets have increased dramatically from $36,241 in 2018 to $712,445 in 2023, indicating strong financial management and growth.
What is the organization's approach to executive compensation?
Wabash County Lighthouse Missions Inc has a highly conservative approach to executive compensation, reporting 0% officer compensation in all available IRS 990 filings. This suggests a volunteer-led model or a strong commitment to directing funds towards programs rather than executive salaries.
Filing History
IRS 990 filing history for Wabash County Lighthouse Missions Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wabash County Lighthouse Missions Inc's revenue has grown by 122.8%, moving from $245K to $547K. Total assets increased by 2026.8% over the same period, from $33K to $712K. Total functional expenses rose by 89.7%, from $218K to $413K. In its most recent filing year (2023), Wabash County Lighthouse Missions Inc reported a surplus of $133K, with revenue exceeding expenses. The organization holds $192K in liabilities against $712K in assets (debt-to-asset ratio: 27.0%), resulting in net assets of $520K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $547K | $413K | $712K | $192K | — | — |
| 2022 | $389K | $384K | $585K | $198K | — | — |
| 2021 | $496K | $384K | $584K | $204K | — | View 990 |
| 2020 | $477K | $294K | $303K | $34K | — | View 990 |
| 2019 | $216K | $210K | $91K | $5K | — | View 990 |
| 2018 | $183K | $201K | $36K | $4K | — | View 990 |
| 2017 | $202K | $197K | $54K | $4K | — | View 990 |
| 2016 | $202K | $201K | $48K | $3K | — | View 990 |
| 2015 | $207K | $196K | $49K | $5K | — | View 990 |
| 2014 | $185K | $190K | $38K | $4K | — | View 990 |
| 2013 | $241K | $242K | $44K | $6K | — | View 990 |
| 2012 | $266K | $254K | $44K | $5K | — | View 990 |
| 2011 | $245K | $218K | $33K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $547K, expenses of $413K, and assets of $712K (revenue +40.5% year-over-year).
- 2022: Revenue of $389K, expenses of $384K, and assets of $585K (revenue -21.7% year-over-year).
- 2021: Revenue of $496K, expenses of $384K, and assets of $584K (revenue +4.1% year-over-year).
- 2020: Revenue of $477K, expenses of $294K, and assets of $303K (revenue +120.5% year-over-year).
- 2019: Revenue of $216K, expenses of $210K, and assets of $91K (revenue +18.2% year-over-year).
- 2018: Revenue of $183K, expenses of $201K, and assets of $36K (revenue -9.4% year-over-year).
- 2017: Revenue of $202K, expenses of $197K, and assets of $54K (revenue +0.2% year-over-year).
- 2016: Revenue of $202K, expenses of $201K, and assets of $48K (revenue -2.7% year-over-year).
- 2015: Revenue of $207K, expenses of $196K, and assets of $49K (revenue +11.8% year-over-year).
- 2014: Revenue of $185K, expenses of $190K, and assets of $38K (revenue -23.2% year-over-year).
- 2013: Revenue of $241K, expenses of $242K, and assets of $44K (revenue -9.2% year-over-year).
- 2012: Revenue of $266K, expenses of $254K, and assets of $44K (revenue +8.3% year-over-year).
- 2011: Revenue of $245K, expenses of $218K, and assets of $33K.
Data Sources and Methodology
This transparency report for Wabash County Lighthouse Missions Inc 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.