Sauk River Chain of Lakes Corporation

Analysis

Sauk River Chain of Lakes Corporation is a registered charity in United States, based in Richmond, MN. It received its IRS tax-exemption ruling in September 1984, 42 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, Sauk River Chain of Lakes Corporation reported income of $154k and spending of $167k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $110k to $154k (+41%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sauk River Chain of Lakes Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Lackawanna River Conservation Association Inc ($154k), Sound Water Stewards of Island County ($155k) and American Dahlia Society Inc ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $6,000. At year end it held assets of $112k against liabilities of $925, net assets of $111k. It reported 1 employees.