Point Arena Lighthouse Keepers Inc

Analysis

Point Arena Lighthouse Keepers Inc is a registered charity in United States, based in Point Arena, CA. It received its IRS tax-exemption ruling in March 1983, 43 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 Arena Lighthouse Keepers Inc reported income of $877k and spending of $728k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $416k to $877k (+111%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 170%. Over the whole period it spent 73% 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 Arena Lighthouse Keepers Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Co Lab Theater Group Inc ($877k), Lakes Area Music Festival ($877k) and Mile Square Theatre ($877k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $122k (17% of expenses). Other salaries and wages came to $315k. At year end it held assets of $3.6m against liabilities of $395k, net assets of $3.2m. It reported 30 employees.