Gull Area Lakes Association

Analysis

Gull Area Lakes Association is a registered charity in United States, based in Nisswa, MN. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Gull Area Lakes Association reported income of $269k and spending of $171k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $269k (+61%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 68% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Gull Area Lakes Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Open Land Conservancy of Chester County ($268k), Mesa Prieta Petroglyph Project ($269k) and Rural Resources Incorporated ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $12k. At year end it held assets of $456k against liabilities of $0, net assets of $456k. It reported 1 employees.