Lake Trails Base Camp Inc

Analysis

Lake Trails Base Camp Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in October 1967, 59 years ago. 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 December 2023, Lake Trails Base Camp Inc reported income of $210k and spending of $228k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $214k to $210k (-1.7%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Trails Base Camp Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Lakeshore Conservation Club Inc ($210k), Operative Dentistry Inc ($210k) and Valley Christian Heritage School Ind ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. At year end it held assets of $447k against liabilities of $1,471, net assets of $446k. It reported 15 employees.