Florida Lighthouse Association Inc

Analysis

Florida Lighthouse Association Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in August 1997, 29 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, Florida Lighthouse Association Inc reported income of $368k and spending of $279k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $368k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florida Lighthouse Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Mankato Symphony Orchestra Association Inc ($368k), Sage Studio & Gallery ($368k) and Mint Museum Auxiliary ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 92% of the total. At year end it held assets of $687k against liabilities of $0, net assets of $687k.