Lake Saint Louis Water Ski Club

Analysis

Lake Saint Louis Water Ski Club is a registered charity in United States, based in Lake St Louis, MO. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Saint Louis Water Ski Club reported income of $81k and spending of $76k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $81k (+14%), an average of +14% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Saint Louis Water Ski Club sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within MO. Charities of a similar size with the same main cause include Bass River Sailing School Inc ($81k), Newton Turkey Trot ($81k) and Wichita Junior Golf Foundation ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 9.7% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.