Light A Candle Foundation
Only null% goes to programs Strong reserves Growing revenue
Light A Candle Foundation is a 501(c)(3) organization based in W Lake Hills, Texas, registered in 2018, with $3,136,567 in FY2024 revenue. CharityIndex grades it C+.
3839 Bee Caves Rd Ste 200, W Lake Hills, TX, 78746 EIN 26-3946647 Since 2018
Revenue (FY2024)
$3.1M
▲ 1265.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$414K
Net assets
$4.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Light A Candle Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating129 mo reserves · +87% 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 Light A Candle Foundation: 129 mo reserves · +87% margin earns a B+ 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 Light A Candle Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Light A Candle Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 3839 Bee Caves Rd Ste 200, W Lake Hills, TX, 78746
- City
- W Lake Hills
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $48K (FY2018) to $3.1M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.6MNet assets $4.4M
Operating margin
86.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.0M
Total liabilities
$1.6M
Net assets
$4.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,136,567▲1265% | $413,706▲327% | $4,442,340▲194% | $6,047,340▲242% | 990PF |
| 2023 | $229,752▲95.1% | $96,784▲29.3% | $1,509,479▲39.2% | $1,769,479▲27.1% | 990PF |
| 2022 | $117,736▲489% | $74,881▲99.4% | $1,084,215▲4.1% | $1,392,665▲11.3% | 990PF |
| 2021 | $20,000▼65.2% | $37,562▼0.6% | $1,041,360▼4.4% | $1,251,360▼3.7% | 990PF |
| 2020 | $57,400▲48.4% | $37,802▲2.2% | $1,088,922▲1.3% | $1,298,922▲1.1% | 990PF |
| 2019 | $38,690▼20.2% | $37,004▼4.2% | $1,075,047▲0.2% | $1,285,047▲0.1% | 990PF |
| 2018 | $48,491 | $38,645 | $1,073,361 | $1,283,361 | 990PF |
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.
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Frequently asked questions
- Is Light A Candle Foundation a legitimate nonprofit?
- Yes. Light A Candle Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-3946647, based in W Lake Hills, Texas. Donations are tax-deductible.
- What is Light A Candle Foundation's EIN?
- Light A Candle Foundation's Employer Identification Number (EIN) is 26-3946647.
- How much revenue does Light A Candle Foundation report?
- Light A Candle Foundation reported $3,136,567 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Light A Candle Foundation have?
- CharityIndex grades Light A Candle Foundation C+, based on financial health (reserves and operating margin).
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Data for Light A Candle Foundation (EIN 26-3946647) 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.