Deer Lake Association of Itasca County

Analysis

Deer Lake Association of Itasca County is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Deer Lake Association of Itasca County reported income of $126k and spending of $114k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $131k to $126k (-3.6%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 41% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Deer Lake Association of Itasca County sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Tennessee Federation of Garden Clubs Inc ($126k), Love the Sea ($126k) and Rock Springs Renewal Fund Inc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 2.0% of the total. At year end it held assets of $837k against liabilities of $0, net assets of $837k.