Good Neighbor Fund Okoboji Spirit Lake Territory

Analysis

Good Neighbor Fund Okoboji Spirit Lake Territory is a registered charity in United States, based in Spirit Lake, IA. It received its IRS tax-exemption ruling in September 1971, 55 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 April 2024, Good Neighbor Fund Okoboji Spirit Lake Territory reported income of $77k and spending of $43k, leaving 44% of income unspent that year. The sharpest change came in the year to April 2022, when income dropped by 121%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Neighbor Fund Okoboji Spirit Lake Territory sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IA. Charities of a similar size with the same main cause include Lola M Remington Trust Interfirst Bank Wichita Falls Na ($77k), Rotary Club of Seminole Lake Charitable Foundation Inc ($77k) and The Franciscan Hermitage Inc ($77k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 42% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.