Geneva Lake Water Safety Comm Inc

Analysis

Geneva Lake Water Safety Comm Inc is a registered charity in United States, based in Williams Bay, WI. It received its IRS tax-exemption ruling in November 1979, 47 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Geneva Lake Water Safety Comm Inc reported income of $2.0m and spending of $886k, leaving 55% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $990k to $2.0m (+99%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 73% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Geneva Lake Water Safety Comm Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include North Huntingdon Township Volunteer Rescue Squad & Relief Assn Comp 8 ($2.0m), Impact Teen Drivers Fund ($2.0m) and Cashiers Glenville Volunteer Fire Departments Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 8.9% of the total. Other salaries and wages came to $349k. At year end it held assets of $2.7m against liabilities of $1,874, net assets of $2.7m. It reported 85 employees.