Canandaigua Lake Watershed Association

Analysis

Canandaigua Lake Watershed Association is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in October 1971, 55 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, Canandaigua Lake Watershed Association reported income of $266k and spending of $269k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $291k to $266k (-8.4%), an average of -2.9% a year. The sharpest change came in the year to December 2023, when income rose by 26%. 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, Canandaigua Lake Watershed Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Berkshire Conference of Women Historians ($266k), Victory Train Inc ($266k) and Lees Friends ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.7% of the total. Other salaries and wages came to $121k. At year end it held assets of $476k against liabilities of $48k, net assets of $428k. It reported 7 employees.