Lake Geneva Fresh Air Association

Analysis

Lake Geneva Fresh Air Association is a registered charity in United States, based in Williams Bay, WI. It received its IRS tax-exemption ruling in September 1951, 75 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 Geneva Fresh Air Association reported income of $1.2m and spending of $1.0m, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+20%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Geneva Fresh Air Association sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include Illinois Womens Soccer League ($1.2m), Oklahoma Peak Performance Volleyball Club ($1.2m) and Mt Holiday Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 26% of the total. Other salaries and wages came to $177k. At year end it held assets of $4.2m against liabilities of $779k, net assets of $3.4m. It reported 59 employees.