Saugerties Lighthouse Conservancy Inc

Analysis

Saugerties Lighthouse Conservancy Inc is a registered charity in United States, based in Saugerties, NY. It received its IRS tax-exemption ruling in June 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Saugerties Lighthouse Conservancy Inc reported income of $120k and spending of $130k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $120k (+7.6%), an average of +7.6% a year. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saugerties Lighthouse Conservancy Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Sanibel Music Festival Inc ($120k), The Philadelphia Photo Review ($120k) and Regional Center for the Performing Arts of Luray Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 75% of the total. At year end it held assets of $466k against liabilities of $77k, net assets of $389k.