Owasco Watershed Lake Assoc Inc

Analysis

Owasco Watershed Lake Assoc Inc is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in March 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Owasco Watershed Lake Assoc Inc reported income of $91k and spending of $82k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $91k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Owasco Watershed Lake Assoc Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Dorset Historical Society ($91k), Southern California Institute for Bioenergotic Analysis ($91k) and Carlsbad Hi-Noon Rotary Club Foundation ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.