Lake Minnetonka Association

Analysis

Lake Minnetonka Association is a registered charity in United States, based in Excelsior, MN. It received its IRS tax-exemption ruling in October 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, Lake Minnetonka Association reported income of $267k and spending of $253k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $267k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 78% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Minnetonka Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Marin Conservation League ($267k), Big Sky Sno Inc ($267k) and Mississippi Association of Conservation Districts Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $424k against liabilities of $3,500, net assets of $420k.