Shafer & Freeman Lakes Environmental Conservation

Analysis

Shafer & Freeman Lakes Environmental Conservation is a registered charity in United States, based in Monticello, IN. It received its IRS tax-exemption ruling in August 1992, 34 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, Shafer & Freeman Lakes Environmental Conservation reported income of $622k and spending of $555k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $701k to $622k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Shafer & Freeman Lakes Environmental Conservation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Pump Systems Matter Inc ($622k), Going Coastal Inc ($622k) and Healthy Environment Alliance of Utah ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $81k (15% of expenses). Other salaries and wages came to $240k. At year end it held assets of $28.4m against liabilities of $3,304, net assets of $28.4m. It reported 9 employees.