Squam Lakes Association

Analysis

Squam Lakes Association is a registered charity in United States, based in Holderness, NH. It received its IRS tax-exemption ruling in August 1955, 71 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Squam Lakes Association reported income of $2.7m and spending of $1.5m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.7m (+162%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 70% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Squam Lakes Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NH. Charities of a similar size with the same main cause include Coonamessett Farm Foundation Inc ($2.7m), South Carolina Rural Water Association ($2.7m) and California Stormwater Quality Association ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $117k (7.7% of expenses). Other salaries and wages came to $693k. At year end it held assets of $11.2m against liabilities of $63k, net assets of $11.1m. It reported 50 employees.