East Lynne Theater Company

Analysis

East Lynne Theater Company is a registered charity in United States, based in Cape May, NJ. It received its IRS tax-exemption ruling in August 1982, 44 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, East Lynne Theater Company reported income of $436k and spending of $210k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $436k (+72%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Lynne Theater Company sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Friends of Manito ($436k), Call to Action ($436k) and Community Housing Corp ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 22% of the total. Other salaries and wages came to $42k. At year end it held assets of $450k against liabilities of $0, net assets of $450k. It reported 22 employees.