Northern Lakes Partners Inc

Analysis

Northern Lakes Partners Inc is a registered charity in United States, based in Rhinelander, WI. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Northern Lakes Partners Inc reported income of $920k and spending of $798k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $745k to $920k (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Northern Lakes Partners Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Green Lake Foundation ($920k), Zakah Aid & Charity Assisting Humanity ($920k) and Pulse Parental Units Literally Supporting Everything Inc ($919k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $54k (6.8% of expenses). Other salaries and wages came to $324k. At year end it held assets of $546k against liabilities of $82k, net assets of $464k. It reported 25 employees.