Lake Chelan Recreation Development Foundation

Analysis

Lake Chelan Recreation Development Foundation is a registered charity in United States, based in Chelan, WA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Chelan Recreation Development Foundation reported income of $71k and spending of $56k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $71k (+11%), an average of +11% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Chelan Recreation Development Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 23rd percentile within WA. Charities of a similar size with the same main cause include Blue and White Athletic Booster Club ($71k), Springboro Panthers Lacrosse ($71k) and Reggae Girlz Foundation Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.