Lake Champlain International Inc

Analysis

Lake Champlain International Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in December 1999, 27 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 September 2023, Lake Champlain International Inc reported income of $526k and spending of $528k, spending 100% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $427k to $526k (+23%), an average of +7.2% a year. The sharpest change came in the year to September 2023, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Champlain International Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within VT. Charities of a similar size with the same main cause include Global Ocean Health ($526k), Cincinnati Recycling and Reuse Hub ($526k) and American Camellia Society ($525k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 45% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $70k (13% of expenses). Other salaries and wages came to $54k. At year end it held assets of $189k against liabilities of $0, net assets of $189k. It reported 2 employees.