Sable Points Lighthouse Keepers Association

Analysis

Sable Points Lighthouse Keepers Association is a registered charity in United States, based in Ludington, MI. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sable Points Lighthouse Keepers Association reported income of $519k and spending of $569k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $483k to $519k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sable Points Lighthouse Keepers Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Cleveland Peacemakers Inc ($519k), HTX Hope Haven ($519k) and Precious Hearts Sisterhood Inc ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 58% of the total. Other salaries and wages came to $254k. At year end it held assets of $864k against liabilities of $33k, net assets of $831k. It reported 10 employees.