Briggs Lake Chain Association

Analysis

Briggs Lake Chain Association is a registered charity in United States, based in Clear Lake, MN. It received its IRS tax-exemption ruling in April 2011, 15 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, Briggs Lake Chain Association reported income of $60k and spending of $43k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $60k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 74% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Briggs Lake Chain Association sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Rootswork Inc ($60k), Federated Garden Clubs of Connecticut Inc ($60k) and Burrillville Land Trust ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 24% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.