Lake Eau Claire Association Inc

Analysis

Lake Eau Claire Association Inc is a registered charity in United States, based in Augusta, WI. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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, Lake Eau Claire Association Inc reported income of $85k and spending of $89k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $189k to $85k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Eau Claire Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within WI. Charities of a similar size with the same main cause include Pacific Palisades Library Association ($85k), Fish of St Charles ($85k) and Kalihi Kai JLS ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.