The Sugar Lake Association

Analysis

The Sugar Lake Association is a registered charity in United States, based in Annandale, MN. It received its IRS tax-exemption ruling in June 1996, 30 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 August 2023, The Sugar Lake Association reported income of $91k and spending of $62k, leaving 31% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $65k to $91k (+40%), an average of +40% a year. The sharpest change came in the year to August 2023, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, The Sugar Lake Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Hillsborough Garden Club ($91k), Rhode Island Nursery and Landscape Institute ($91k) and Flathead Rivers Alliance ($91k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $292k against liabilities of $0, net assets of $292k.