Huntington Lighthouse Preservation Society Inc

Analysis

Huntington Lighthouse Preservation Society Inc is a registered charity in United States, based in Halesite, NY. It received its IRS tax-exemption ruling in July 1986, 40 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 June 2023, Huntington Lighthouse Preservation Society Inc reported income of $79k and spending of $91k, spending 116% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income fell from $319k to $79k (-75%), an average of -24% a year. The sharpest change came in the year to June 2022, when income rose by 130%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Huntington Lighthouse Preservation Society Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Okeene Historic Preservation Group ($79k), Buck Leonard Association for Sports and Human Enrichment B L-Ashe ($79k) and Los Angeles County Firefighters Pipes and Drums ($79k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 199% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.