Twin Lights Historical Society

Analysis

Twin Lights Historical Society is a registered charity in United States, based in Highlands, NJ. It received its IRS tax-exemption ruling in February 1979, 47 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Twin Lights Historical Society reported income of $72k and spending of $62k, spending 87% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $61k to $72k (+17%), an average of +17% a year. The sharpest change came in the year to September 2023, when income rose by 17%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Twin Lights Historical Society sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Alaska Moving Arts Center Inc ($71k), City Repertory Theatre Inc ($72k) and India Association of Indianapolis ($71k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $222k against liabilities of $3,754, net assets of $218k.