Spofford Lake Association

Analysis

Spofford Lake Association is a registered charity in United States, based in Spofford, NH. It received its IRS tax-exemption ruling in April 2002, 24 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, Spofford Lake Association reported income of $154k and spending of $40k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $154k (+132%), an average of +132% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 32% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Spofford Lake Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within NH. Charities of a similar size with the same main cause include Niobrara Council ($153k), Friends of Eden State Gardens Inc ($154k) and Environmental Community Advocates of Galena Park ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $290k against liabilities of $0, net assets of $290k.