Newfound Lake Region Association

Analysis

Newfound Lake Region Association is a registered charity in United States, based in Hebron, NH. It received its IRS tax-exemption ruling in December 1994, 32 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, Newfound Lake Region Association reported income of $1.8m and spending of $453k, leaving 75% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income grew from $480k to $1.8m (+274%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 629%. Over the whole period it spent 47% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Newfound Lake Region Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NH. Charities of a similar size with the same main cause include Utah Clean Air Partnership Ucair Inc ($1.8m), Public Employees for Environmental Responsibility Inc ($1.8m) and Redwood Parks Conservancy ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $88k (19% of expenses). Other salaries and wages came to $147k. At year end it held assets of $3.5m against liabilities of $8,833, net assets of $3.5m. It reported 5 employees.