Hudson-Athens Lighthouse Preservation Society

Analysis

Hudson-Athens Lighthouse Preservation Society is a registered charity in United States, based in Athens, NY. It received its IRS tax-exemption ruling in October 1986, 40 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 December 2023, Hudson-Athens Lighthouse Preservation Society reported income of $253k and spending of $206k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $285k to $253k (-11%), an average of -11% a year. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hudson-Athens Lighthouse Preservation Society sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Yellowstone Quake ($253k), The Laotto-Swan Township Volunteer Fire Co Inc ($253k) and Kissimmee Main Street Program Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 3.5% of the total. At year end it held assets of $394k against liabilities of $1,332, net assets of $393k.