Port Clinton Lighthouse Conservancy

Analysis

Port Clinton Lighthouse Conservancy is a registered charity in United States, based in Port Clinton, OH. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Port Clinton Lighthouse Conservancy reported income of $168k and spending of $19k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $168k (+196%), an average of +196% a year. The sharpest change came in the year to December 2023, when income rose by 196%. Over the whole period it spent 39% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Port Clinton Lighthouse Conservancy sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Main Street Siloam Springs Inc ($168k), Friends of the Wake County Guardian Ad Litem Program ($168k) and Custer Economic Development Corp ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 8.7% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.