Spider Chain of Lakes Improvement Association

Analysis

Spider Chain of Lakes Improvement Association is a registered charity in United States, based in Hayward, WI. It received its IRS tax-exemption ruling in March 2006, 20 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, Spider Chain of Lakes Improvement Association reported income of $151k and spending of $72k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $151k (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 26% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Spider Chain of Lakes Improvement Association sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within WI. Charities of a similar size with the same main cause include Pokegama Lake Association ($151k), Local Energy Aggregation Network ($151k) and Corvallis Sustainability Coalition ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.