Three Lakes Council Inc

Analysis

Three Lakes Council Inc is a registered charity in United States, based in South Salem, NY. It received its IRS tax-exemption ruling in November 1976, 50 years ago. 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, Three Lakes Council Inc reported income of $59k and spending of $33k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $59k (-0.1%), an average of -0.1% a year. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Three Lakes Council Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Veterans Casting Away Disabilities Inc ($59k), Artesia General Hospital Auxiliary ($59k) and Womens Club of Brielle ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $437k against liabilities of $0, net assets of $437k.