Greater Lake Sylvia Association Inc

Analysis

Greater Lake Sylvia Association Inc is a registered charity in United States, based in Annandale, MN. It received its IRS tax-exemption ruling in July 2003, 23 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, Greater Lake Sylvia Association Inc reported income of $127k and spending of $115k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $127k (+6.6%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Greater Lake Sylvia Association Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include St Johnsbury Works ($127k), Sarasota Garden Club Inc ($127k) and Cedarroot ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $599k against liabilities of $0, net assets of $599k.