Marblehead Lighthouse Historical Society

Analysis

Marblehead Lighthouse Historical Society is a registered charity in United States, based in Marblehead, OH. It received its IRS tax-exemption ruling in March 2000, 26 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, Marblehead Lighthouse Historical Society reported income of $206k and spending of $42k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $149k to $206k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 30% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marblehead Lighthouse Historical Society sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Eryc Taylor Dance Inc ($206k), Danceworks Chicago Inc NFP ($206k) and Ava Gardner Museum Inc ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $720k against liabilities of $0, net assets of $720k.