Lake Lure Flowering Bridge Inc
Analysis
Lake Lure Flowering Bridge Inc is a registered charity in United States, based in Lake Lure, NC. It received its IRS tax-exemption ruling in May 2012, 14 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 Lure Flowering Bridge Inc reported income of $142k and spending of $58k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $142k (+9.4%), an average of +9.4% a year. Over the whole period it spent 44% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Lure Flowering Bridge Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Environmental & Energy Council of Maine ($141k), Keep Florida Beautiful Inc ($142k) and Green Apple Foundation Inc ($141k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Environmental & Energy Council of Maine | Augusta | $141k |
| Keep Florida Beautiful Inc | Tallahassee | $142k |
| Green Apple Foundation Inc | San Mateo | $141k |
| Columbiana Restoration & Beautification Committee | Columbiana | $142k |