Lake Placid Community Beautificatio N Association Inc

Analysis

Lake Placid Community Beautificatio N Association Inc is a registered charity in United States, based in Lake Placid, NY. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 February 2023, Lake Placid Community Beautificatio N Association Inc reported income of $166k and spending of $191k, spending 115% of what it took in. Across the 2 years on record, from February 2022 to February 2023, income fell from $216k to $166k (-23%), an average of -23% a year. The sharpest change came in the year to February 2023, when income dropped by 23%. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Placid Community Beautificatio N Association Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Scappoose Bay Watershed Council ($166k), Bucks Beautiful ($166k) and The Long Island Pine Barrens Society ($166k).

On its Form 990-EZ for the period ending February 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $163k against liabilities of $52k, net assets of $111k.