United States Lighthouse Society Inc

Analysis

United States Lighthouse Society Inc is a registered charity in United States, based in Hansville, WA. It received its IRS tax-exemption ruling in June 1995, 31 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 2022, United States Lighthouse Society Inc reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $1.1m to $2.2m (+100%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United States Lighthouse Society Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Lillian & Albert Small Capital Jewish Museum Inc ($2.2m), Historical Society of Delaware ($2.2m) and The International School of Charlottesvlle Inc ($2.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 13% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $84k (4.0% of expenses). Other salaries and wages came to $134k. At year end it held assets of $3.0m against liabilities of $2.0m, net assets of $1.0m. It reported 4 employees.