Piedras Blancas Light Station Association Inc

Analysis

Piedras Blancas Light Station Association Inc is a registered charity in United States, based in San Simeon, CA. It received its IRS tax-exemption ruling in January 2005, 21 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, Piedras Blancas Light Station Association Inc reported income of $185k and spending of $60k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $185k (+262%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 332%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Piedras Blancas Light Station Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Insight Productions Inc ($184k), National Association of Marine Laboratories Inc ($185k) and Corning - Painted Post Civic Music Asssociation ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $31k. At year end it held assets of $918k against liabilities of $1,509, net assets of $916k. It reported 1 employees.