Syracuse Lake Association Inc

Analysis

Syracuse Lake Association Inc is a registered charity in United States, based in Syracuse, IN. It received its IRS tax-exemption ruling in December 1998, 28 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, Syracuse Lake Association Inc reported income of $53k and spending of $43k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $53k (+2.5%), an average of +2.5% a year. Over the whole period it spent 75% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Syracuse Lake Association Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Friends of the Ormond Beach Public Library Inc ($53k), Malama Hamakua Maui ($53k) and River Valley Trails Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.