Point Cabrillo Lightkeepers Association

Analysis

Point Cabrillo Lightkeepers Association is a registered charity in United States, based in Mendocino, CA. It received its IRS tax-exemption ruling in February 2002, 24 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, Point Cabrillo Lightkeepers Association reported income of $197k and spending of $195k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $197k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 165%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Point Cabrillo Lightkeepers Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Basin Theatre Works ($197k), Red Rocks Music Festival ($197k) and Clark County Historical Society and Howard Steamboat Museum Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $34k (18% of expenses). At year end it held assets of $602k against liabilities of $5,221, net assets of $596k. It reported 2 employees.