Bay Lake Improvement Association Environmental Protection Fund

Analysis

Bay Lake Improvement Association Environmental Protection Fund is a registered charity in United States, based in Deerwood, MN. It received its IRS tax-exemption ruling in April 1994, 32 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, Bay Lake Improvement Association Environmental Protection Fund reported income of $372k and spending of $304k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $372k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 73% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bay Lake Improvement Association Environmental Protection Fund sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Southern Maryland Resource Conservation & Development Board ($372k), Recreative Denver ($372k) and North Beach - West Maui Benefit Fund Inc ($372k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 1.5% of the total. At year end it held assets of $1.0m against liabilities of $13k, net assets of $1.0m.