Lake Pepin Legacy Alliance

Analysis

Lake Pepin Legacy Alliance is a registered charity in United States, based in Red Wing, MN. It received its IRS tax-exemption ruling in November 2009, 17 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 December 2023, Lake Pepin Legacy Alliance reported income of $248k and spending of $310k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $248k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2022, when income rose by 248%. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Pepin Legacy Alliance sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Benthic Ecology Meeting ($248k), Middle Rock Conservation Partners ($248k) and Sustainable Hudson Valley Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $190k. At year end it held assets of $64k against liabilities of $7,261, net assets of $57k. It reported 3 employees.