Lyles Station Historic Preservation Corporation

Analysis

Lyles Station Historic Preservation Corporation is a registered charity in United States, based in Princeton, IN. It received its IRS tax-exemption ruling in August 1998, 28 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, Lyles Station Historic Preservation Corporation reported income of $76k and spending of $92k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $76k (+78%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lyles Station Historic Preservation Corporation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within IN. Charities of a similar size with the same main cause include Prattsville Art Project Inc ($76k), Space for Art Foundation ($76k) and Massachusetts Society for Bioenergetic Analysis Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $609 (0.7% of expenses). At year end it held assets of $563k against liabilities of $0, net assets of $563k. It reported 1 employees.