Kinderhook Lake Corporation

Analysis

Kinderhook Lake Corporation is a registered charity in United States, based in Niverville, NY. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Kinderhook Lake Corporation reported income of $88k and spending of $66k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $88k (+8.5%), an average of +8.5% a year. Over the whole period it spent 69% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Kinderhook Lake Corporation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Pollinator Friendly Alliance Inc ($87k), Lakes Park Enrichment Foundation Inc ($88k) and Great Lakes Renewable Energy Association Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $470k against liabilities of $0, net assets of $470k.