Lake Heritage Parks Foundation Inc

Analysis

Lake Heritage Parks Foundation Inc is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in June 2012, 14 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 2022, Lake Heritage Parks Foundation Inc reported income of $442k and spending of $199k, leaving 55% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $222k to $442k (+99%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 60% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Heritage Parks Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Friends of Great Salt Lake ($441k), Santa Clara Valley Bird Alliance ($442k) and Michigan Turfgrass Foundation C/O Dept of Crop & Soil Science ($441k).

Compensation of current officers, directors and key employees was $14k (7.1% of expenses). Other salaries and wages came to $8,413. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.