Historic Lyme Village Association

Analysis

Historic Lyme Village Association is a registered charity in United States, based in Bellevue, OH. It received its IRS tax-exemption ruling in June 1979, 47 years ago. 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 December 2023, Historic Lyme Village Association reported income of $67k and spending of $49k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $86k to $67k (-21%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Lyme Village Association sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Fawn Hollow Parent Teacher Organization Inc ($67k), Habitat for Humanity International Inc ($67k) and Little League Baseball Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 16% of the total. At year end it held assets of $1.0m against liabilities of $180, net assets of $1.0m.