Cohasset Lightkeepers Corporation

Analysis

Cohasset Lightkeepers Corporation is a registered charity in United States, based in Cohasset, MA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Cohasset Lightkeepers Corporation reported income of $68k and spending of $38k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $68k (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 81% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Cohasset Lightkeepers Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include Center for a Sustainable Coast Inc ($68k), Millbrook Garden Club Inc ($68k) and Hydrogen House Project ($68k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 68% of the total. Other salaries and wages came to $1,134. At year end it held assets of $168k against liabilities of $0, net assets of $168k.