Be Free Lake

Analysis

Be Free Lake is a registered charity in United States, based in Yalaha, FL. It received its IRS tax-exemption ruling in October 2006, 20 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 September 2023, Be Free Lake reported income of $194k and spending of $281k, spending 145% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $231k to $194k (-16%), an average of -5.7% a year. The sharpest change came in the year to September 2022, when income dropped by 18%. Over the whole period it spent 105% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Be Free Lake sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Electric Transportation Community Development Corporation ($194k), Malama O Puna ($194k) and Friends of the National Conservation Training Center BFWS ($194k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (18% of expenses). Other salaries and wages came to $41k. At year end it held assets of $2,932 against liabilities of $0, net assets of $2,932. It reported 2 employees.