Lake Elmore Association Inc

Analysis

Lake Elmore Association Inc is a registered charity in United States, based in Lake Elmore, VT. It received its IRS tax-exemption ruling in December 2019, 7 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, Lake Elmore Association Inc reported income of $75k and spending of $36k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $75k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 76% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Elmore Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 20th percentile within VT. Charities of a similar size with the same main cause include Colorado Wild Public Lands Inc ($75k), Arctic Arts Project ($75k) and Tortoise Group ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.