Chautauqua Lake Snowmobile Club

Analysis

Chautauqua Lake Snowmobile Club is a registered charity in United States, based in Mayville, NY. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Chautauqua Lake Snowmobile Club reported income of $136k and spending of $103k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $187k to $136k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chautauqua Lake Snowmobile Club sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Muskego Athletic Assn ($136k), Virginia Team Predator Inc ($136k) and Guthrie County Fair Foundation ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $528k against liabilities of $17k, net assets of $511k.