Thompson Lake Environmental Association Inc

Analysis

Thompson Lake Environmental Association Inc is a registered charity in United States, based in Oxford, ME. It received its IRS tax-exemption ruling in October 1987, 39 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, Thompson Lake Environmental Association Inc reported income of $185k and spending of $132k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $210k to $185k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 66% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Thompson Lake Environmental Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 45th percentile within ME. Charities of a similar size with the same main cause include Worcester Roots Project ($185k), Hancock County Planning Commission ($185k) and Outside Foundation ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $38k. At year end it held assets of $689k against liabilities of $0, net assets of $689k. It reported 10 employees.