Central Coast Lighthouse Keepers

Analysis

Central Coast Lighthouse Keepers is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in February 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Coast Lighthouse Keepers reported income of $140k and spending of $187k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $140k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Central Coast Lighthouse Keepers sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include American School of Asian Culture ($140k), American Society of the Italian Legions of Merit Inc ($140k) and Beacon Performing Arts Center Ltd ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 29% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.