The Fire Island Lighthouse Preservation Society Inc

Analysis

The Fire Island Lighthouse Preservation Society Inc is a registered charity in United States, based in Captree Is, NY. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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 September 2024, The Fire Island Lighthouse Preservation Society Inc reported income of $478k and spending of $325k, leaving 32% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income grew from $436k to $478k (+9.7%), an average of +1.9% a year. The sharpest change came in the year to September 2021, when income rose by 70%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Fire Island Lighthouse Preservation Society Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Burns Recovered Support Group Inc ($478k), Quality Products Inc ($478k) and Pa 2-1-1 Inc ($478k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 17% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $162k (50% of expenses). At year end it held assets of $1.8m against liabilities of $29k, net assets of $1.7m. It reported 8 employees.