Conneaut Lake Aquatic MGMT Assoc Inc

Analysis

Conneaut Lake Aquatic MGMT Assoc Inc is a registered charity in United States, based in Conneaut Lake, PA. It received its IRS tax-exemption ruling in November 1998, 28 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, Conneaut Lake Aquatic MGMT Assoc Inc reported income of $130k and spending of $76k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $130k (+136%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 70% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Conneaut Lake Aquatic MGMT Assoc Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Friends of the Lower Olentangy Watershed Flow ($130k), Richmond Land Trust Inc State Road ($130k) and Laguna Greenbelt Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $265k against liabilities of $262, net assets of $264k.