St George Lighthouse Association Inc

Analysis

St George Lighthouse Association Inc is a registered charity in United States, based in St George Island, FL. It received its IRS tax-exemption ruling in July 2005, 21 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 December 2023, St George Lighthouse Association Inc reported income of $294k and spending of $309k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $294k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, St George Lighthouse Association 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 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Public Broadcasting Network Inc ($294k), Enopion Theatre Company ($294k) and Pottery Museum Red Wing Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 39% of the total. Other salaries and wages came to $185k. At year end it held assets of $532k against liabilities of $55k, net assets of $476k. It reported 13 employees.