Walloon Lake Association and Conservancy

Analysis

Walloon Lake Association and Conservancy is a registered charity in United States, based in Walloon Lake, MI. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Walloon Lake Association and Conservancy reported income of $1.1m and spending of $846k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-0.2%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income rose by 118%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Walloon Lake Association and Conservancy sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Haleys Hope Inc ($1.1m), Jafco Jewish Adoption and Family Care Options Inc ($1.1m) and Horizon Outreach ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $114k (13% of expenses). Other salaries and wages came to $192k. At year end it held assets of $13.4m against liabilities of $492k, net assets of $12.9m. It reported 11 employees.