Uss LST 393 Preservation Association Inc

Analysis

Uss LST 393 Preservation Association Inc is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in May 2006, 20 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, Uss LST 393 Preservation Association Inc reported income of $166k and spending of $160k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $166k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Uss LST 393 Preservation Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Oregon Electric Railway Historical Society Inc ($166k), Twin Cities Opera Guild Inc ($166k) and Hampton Friends of the Arts Inc ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. At year end it held assets of $91k against liabilities of $30k, net assets of $61k.