Browns Lake Water Ski Club Inc

Analysis

Browns Lake Water Ski Club Inc is a registered charity in United States, based in Burlington, WI. It received its IRS tax-exemption ruling in May 2000, 26 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 October 2023, Browns Lake Water Ski Club Inc reported income of $118k and spending of $102k, spending 86% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $111k to $118k (+5.9%), an average of +5.9% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Browns Lake Water Ski Club Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within WI. Charities of a similar size with the same main cause include Ohana Swim Team ($118k), Derby City BMX Association Inc ($118k) and Kingsburg Youth Baseball Association Inc ($118k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.