Spanish Lake Community Association

Analysis

Spanish Lake Community Association is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 April 2024, Spanish Lake Community Association reported income of $70k and spending of $36k, leaving 48% of income unspent that year. Across the 6 years on record, from April 2019 to April 2024, income grew from $38k to $70k (+84%), an average of +13% a year. The sharpest change came in the year to April 2022, when income rose by 125%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Spanish Lake Community Association sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within MO. Charities of a similar size with the same main cause include Emmaus Rotary Club Foundation ($70k), Parker Center for Family Business ($70k) and Ipraxis ($70k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 70% and program service revenue 29% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.