Cape Canaveral Lighthouse Foundation Inc

Analysis

Cape Canaveral Lighthouse Foundation Inc is a registered charity in United States, based in Cpe Canaveral, FL. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cape Canaveral Lighthouse Foundation Inc reported income of $124k and spending of $80k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $721k to $124k (-83%), an average of -36% a year. The sharpest change came in the year to December 2020, when income dropped by 90%. Over the whole period it spent 30% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cape Canaveral Lighthouse Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Ballard High School Performing Arts Booster Club ($124k), Piano Spheres ($124k) and Ashland New Plays Festival ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $1.1m against liabilities of $46, net assets of $1.1m.