North American Lake Management Society

Analysis

North American Lake Management Society is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, North American Lake Management Society reported income of $900k and spending of $708k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $900k (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 81% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, North American Lake Management Society sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Institute for Energy Innovation ($900k), Botanical Garden Society of the Ozarks Inc ($902k) and Elizabethan Gardens Inc of the Garden Club of North Carolina ($899k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $74k (10% of expenses). Other salaries and wages came to $56k. At year end it held assets of $830k against liabilities of $90k, net assets of $740k. It reported 2 employees.