Lake Crystals G R a C E

Analysis

Lake Crystals G R a C E is a registered charity in United States, based in Lake Crystal, MN. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lake Crystals G R a C E reported income of $92k and spending of $89k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $92k (-13%), an average of -13% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lake Crystals G R a C E sits at the 30th percentile: it is larger than about 30% 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 Tampa Bay Network to End Hunger Inc ($92k), Michigan State Troopers Assistance Fund ($92k) and Brantley County Family Connection ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.