Lake Fairlee Assn Inc

Analysis

Lake Fairlee Assn Inc is a registered charity in United States, based in Fairlee, VT. It received its IRS tax-exemption ruling in December 2005, 21 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, Lake Fairlee Assn Inc reported income of $116k and spending of $67k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $116k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 61% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Fairlee Assn Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 31st percentile within VT. Charities of a similar size with the same main cause include Friends of Oscar Scherer Park Inc ($115k), Friends of Moeckel Pond ($116k) and Science & Environmental Policy Project ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $26k. At year end it held assets of $666k against liabilities of $0, net assets of $666k. It reported 6 employees.