Tomahawk Lake Association Inc

Analysis

Tomahawk Lake Association Inc is a registered charity in United States, based in Minocqua, WI. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tomahawk Lake Association Inc reported income of $307k and spending of $297k, spending 97% of its income. Across the 3 years on record, from December 2018 to December 2023, income grew from $161k to $307k (+90%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tomahawk Lake Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within WI. Charities of a similar size with the same main cause include Burlingame Library Foundation ($307k), Friends of Baltimore City Public Schools Great Kids Farm Foundtn in ($307k) and Morristown Centennial Library Association ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $8,766. At year end it held assets of $278k against liabilities of $200, net assets of $278k. It reported 2 employees.