K-light Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
K-light Inc is a 501(c)(3) organization based in Coos Bay, Oregon, registered in 1989, with $278,838 in FY2024 revenue. CharityIndex grades it B.
580 Kingwood Ave, Coos Bay, OR, 97420 EIN 94-3091130 Since 1989
Revenue (FY2024)
$279K
▲ 9.6% vs prior year
Expenses (FY2024)
$213K
Net assets
$344K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for K-light Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating19 mo reserves · +24% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For K-light Inc: 19 mo reserves · +24% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for K-light Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For K-light Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $191K (FY2019) to $279K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8,227Net assets $344K
Operating margin
23.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$353K
Total liabilities
$8,227
Net assets
$344K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $278,838▲9.6% | $212,822▲5.6% | $344,336▲33.1% | $352,563▲23.9% | 990 |
| 2023 | $254,395▲5.0% | $201,598▲2.4% | $258,609▲25.7% | $284,490▼4.6% | 990 |
| 2022 | $242,322▲1.4% | $196,926▲3.4% | $205,812▲28.3% | $298,297▲12.5% | 990 |
| 2021 | $239,062▲18.3% | $190,514▲13.1% | $160,416▲33.6% | $265,239▼4.2% | 990 |
| 2020 | $202,095▲5.6% | $168,430▼2.5% | $120,027▲39.0% | $276,875▲17.3% | 990 |
| 2019 | $191,454 | $172,698 | $86,362 | $236,138 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is K-light Inc a legitimate nonprofit?
- Yes. K-light Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-3091130, based in Coos Bay, Oregon. Donations are tax-deductible.
- What is K-light Inc's EIN?
- K-light Inc's Employer Identification Number (EIN) is 94-3091130.
- How much revenue does K-light Inc report?
- K-light Inc reported $278,838 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does K-light Inc have?
- CharityIndex grades K-light Inc B, based on financial health (reserves and operating margin).
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Data for K-light Inc (EIN 94-3091130) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.