Christmas Lake Homeowners Association

Analysis

Christmas Lake Homeowners Association is a registered charity in United States, based in Deephaven, MN. It received its IRS tax-exemption ruling in June 2006, 20 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, Christmas Lake Homeowners Association reported income of $239k and spending of $211k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $239k to $239k (-0.0%), an average of +-0.0% a year. Over the whole period it spent 81% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Christmas Lake Homeowners Association 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 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Keep Jackson Beautiful ($239k), Pennsylvania Urban and Community Forestry Council ($239k) and Generous Gardeners Non Profit ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.