Greens Ledge Light Preservation Society Inc

Analysis

Greens Ledge Light Preservation Society Inc is a registered charity in United States, based in Rowayton, CT. It received its IRS tax-exemption ruling in August 2017, 9 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 September 2023, Greens Ledge Light Preservation Society Inc reported income of $776k and spending of $247k, leaving 68% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $462k to $776k (+68%), an average of +14% a year. The sharpest change came in the year to September 2023, when income rose by 84%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greens Ledge Light Preservation Society Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Global Taiwan Institute ($776k), Playground Inc ($776k) and Westerners the First People of Earth Mother Payomkawichum Kaamala ($776k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 5.7% of the total. At year end it held assets of $818k against liabilities of $0, net assets of $818k.