Great East Lake Improvement Association

Analysis

Great East Lake Improvement Association is a registered charity in United States, based in Sanbornville, NH. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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, Great East Lake Improvement Association reported income of $68k and spending of $46k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $68k (-9.4%), an average of -9.4% a year. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great East Lake Improvement Association sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NH. Charities of a similar size with the same main cause include Association for Managers of Innovation ($68k), Bryan Cave Leighton Paisner Foundation ($68k) and New Hilmar Pool Fund ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.