Detour Reef Light Preservation Society

Analysis

Detour Reef Light Preservation Society is a registered charity in United States, based in Drummond Is, MI. It received its IRS tax-exemption ruling in March 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, Detour Reef Light Preservation Society reported income of $64k and spending of $28k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $111k to $64k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 229%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Detour Reef Light Preservation Society sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Americana Theatre Company Incorporated ($64k), Chetco Pelican Players Inc ($64k) and Northwest Whitfield High School Band Boosters Association Inc ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 3.3% of the total. At year end it held assets of $250k against liabilities of $0, net assets of $250k.