Meyers Lake Preserve Inc

Analysis

Meyers Lake Preserve Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in October 1994, 32 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, Meyers Lake Preserve Inc reported income of $215k and spending of $46k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $215k (+150%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 26% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Meyers Lake Preserve Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Chautauqua Lake Fishing Assn Inc ($215k), Hudson River Watershed Alliance Inc ($215k) and Coal River Mountain Watch ($215k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 40% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.