United Lakes and Trail Riders Association

Analysis

United Lakes and Trail Riders Association is a registered charity in United States, based in Detroit Lakes, MN. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, United Lakes and Trail Riders Association reported income of $81k and spending of $97k, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $162k to $81k (-50%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United Lakes and Trail Riders Association sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MN. Charities of a similar size with the same main cause include Footlight Players ($81k), Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer ($81k) and American Steam Railroadpreservation Association Inc ($81k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 50% of the total. At year end it held assets of $376k against liabilities of $74k, net assets of $302k. It reported 9 employees.