Beacon Lighthouse Inc

Organization Overview

Beacon Lighthouse Inc is located in Wichita Falls, TX. The organization was established in 1974. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 09/2023, Beacon Lighthouse Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Lighthouse Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2023, Beacon Lighthouse Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $4.5m during the year ending 09/2023. While expenses have increased by 5.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

OUR PURPOSE IS TO ENHANCE ECNOMIC AND PERSONAL INDEPENDENCE OF PEOPLE WHO ARE BLIND AND VISUALLY IMPAIRED, PRIMARILY THROUGH EMPLOYMENT IN THE MANUFACTURING AND SELLING OF QUALITY GOODS AND SERVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EMPLOYMENT, ON-THE-JOB TRAINING, JOB PLACEMENTS,RECREATIONAL AND SOCIAL OPPORTUNITIES, WORK EVALUATIONS, AND COUNSELING ARE PROVIDED TO BLIND EMPLOYEES AND BLIND SENIOR CITIZENTS. NO FEES WERE CHARGED FOR THESE SERVICES.


EMPLOYMENT, ON-THE-JOB TRAINING, JOB PLACEMENTS,RECREATIONAL AND SOCIAL OPPORTUNITIES, WORK EVALUATIONS, AND COUNSELING ARE PROVIDED TO BLIND EMPLOYEES AND BLIND SENIOR CITIZENTS. NO FEES WERE CHARGED FOR THESE SERVICES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $57,238
All other contributions, gifts, grants, and similar amounts not included above$12,552
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$69,790
Total Program Service Revenue$4,518,723
Investment income $3,506
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,619,217

Peer Organizations

Organization NameAssets
Lighthouse For The Blind In New Orleans
New Orleans, LA
$7,045,879
East Texas Lighthouse For The Blind Inc
Tyler, TX
$8,035,856
Knights Templar Eye Foundation Inc
Flower Mound, TX
$241,421
South Texas Lighthouse For The Blind
Corpus Christi, TX
$7,016,660
Louisiana Assn For The Blind Inc
Shreveport, LA
$6,803,136
Lighthouse For The Blind Of Houston
Houston, TX
$5,211,128
Beacon Lighthouse Inc
Wichita Falls, TX
$4,619,217
Texas Optometric Association Inc
Austin, TX
$2,537,148
Louisiana Center For The Blind Inc
Ruston, LA
$2,266,620
Oklahoma Lions Sight Conservation Fdn Inc
Oklahoma City, OK
$2,000,410
Louisiana Lions Eye Foundation Inc
New Orleans, LA
$885,979
Houston Lighthouse Foundation Inc
Houston, TX
$2,377,555
Half Helen Foundation
Austin, TX
$1,028,989
National Society To Prevent Blindness
Houston, TX
$1,287,443
Affiliated Blind Of Louisiana Enterprises Inc
Lafayette, LA
$783,852
National Federation Of The Blind Of Texas Inc
Alvin, TX
$860,191
Optometry Association Of Louisiana
Sulphur, LA
$761,322
Arkansas Optometric Association Inc
Little Rock, AR
$922,517
Eye Corps Inc
Dallas, TX
$677,800
Oklahoma Optometric Association
Oklahoma City, OK
$803,307
Computers For The Blind
Richardson, TX
$697,484
Texas Ophthalmological Association
Austin, TX
$572,443
Vision Impact Institute
Dallas, TX
$505,657
Affiliated Blind Of Louisiana Inc
Lafayette, LA
$323,017
Visual Compassion Inc
Spring, TX
$355,424

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