Lake Superior Steel Head Association Inc

Analysis

Lake Superior Steel Head Association Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in October 1973, 53 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 February 2024, Lake Superior Steel Head Association Inc reported income of $92k and spending of $117k, spending 128% of what it took in. Across the 6 years on record, from February 2019 to February 2024, income fell from $104k to $92k (-12%), an average of -2.5% a year. The sharpest change came in the year to February 2022, when income rose by 50%. Over the whole period it spent 111% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lake Superior Steel Head Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Humane Society of Marshall County Inc ($92k), For Every Rescue a Life Saved Inc ($92k) and Focus on Ferals Inc ($92k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 117% and program service revenue 13% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k. It reported 7 employees.