Watch Hill Lighthouse Keepers Association

Analysis

Watch Hill Lighthouse Keepers Association is a registered charity in United States, based in Westerly, RI. It received its IRS tax-exemption ruling in June 2015, 11 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, Watch Hill Lighthouse Keepers Association reported income of $451k and spending of $127k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $451k (+605%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 299%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Watch Hill Lighthouse Keepers Association sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 64th percentile within RI. Charities of a similar size with the same main cause include White Bird Productions Inc ($451k), House of Miles East St Louis ($451k) and Very Merry Theatre ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.9m against liabilities of $800, net assets of $1.9m.