Lake Area Citizens Advisory Board Inc

Analysis

Lake Area Citizens Advisory Board Inc is a registered charity in United States, based in Camdenton, MO. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Area Citizens Advisory Board Inc reported income of $394k and spending of $384k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $394k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lake Area Citizens Advisory Board Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MO. Charities of a similar size with the same main cause include Old Town Association ($394k), New Hope Resource Center ($394k) and Greater Grove Hall Main Streetscorp ($394k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $191k. At year end it held assets of $583 against liabilities of $76k, net assets of -$76k. It reported 12 employees.