Lake Rescue Association Inc

Analysis

Lake Rescue Association Inc is a registered charity in United States, based in Ludlow, VT. It received its IRS tax-exemption ruling in September 2016, 10 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, Lake Rescue Association Inc reported income of $123k and spending of $90k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2021 to December 2023, income fell from $212k to $123k (-42%), an average of -17% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 50% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Rescue Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 32nd percentile within VT. Charities of a similar size with the same main cause include Rhode Island Wild Plant Society Inc ($122k), Kent Narrows Development Foundation ($123k) and New Horizons Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $408k against liabilities of $0, net assets of $408k.