Cazenovia Lake Association Inc

Analysis

Cazenovia Lake Association Inc is a registered charity in United States, based in Cazenovia, NY. It received its IRS tax-exemption ruling in October 1983, 43 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, Cazenovia Lake Association Inc reported income of $242k and spending of $83k, leaving 66% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $395k to $242k (-39%), an average of -22% a year. The sharpest change came in the year to December 2023, when income rose by 709%. Over the whole period it spent 77% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Cazenovia Lake Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Estes Valley Watershed Coalition ($242k), Friends of the Delaware Canal Inc ($242k) and Wyoming Pathways ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $2,456 (3.0% of expenses). At year end it held assets of $344k against liabilities of $0, net assets of $344k.