Great Lakes Aquatic Habitat Networkand Fund Inc

Analysis

Great Lakes Aquatic Habitat Networkand Fund Inc is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in January 2007, 19 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 September 2023, Great Lakes Aquatic Habitat Networkand Fund Inc reported income of $1.8m and spending of $1.6m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $900k to $1.8m (+102%), an average of +19% a year. The sharpest change came in the year to September 2020, when income rose by 44%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Great Lakes Aquatic Habitat Networkand Fund Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Planting Fields Foundation ($1.8m), Green Science Policy Institute ($1.8m) and Kern River Valley Heritage Foundation ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $109k (6.9% of expenses). Other salaries and wages came to $628k. At year end it held assets of $1.2m against liabilities of $252k, net assets of $971k. It reported 19 employees.