Whitefish Area Property Owners Assn

Analysis

Whitefish Area Property Owners Assn is a registered charity in United States, based in Crosslake, MN. It received its IRS tax-exemption ruling in September 1977, 49 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, Whitefish Area Property Owners Assn reported income of $149k and spending of $103k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $149k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whitefish Area Property Owners Assn sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Hispanics Against Child Abuse and Neglect Inc ($149k), PTA California Congress of Parents Teachers & Students Inc ($149k) and American Academy of Pediatrics District VIII Section on Neonatal ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $252k against liabilities of $0, net assets of $252k.