Lake Owen Association Inc

Analysis

Lake Owen Association Inc is a registered charity in United States, based in Cable, WI. It received its IRS tax-exemption ruling in May 2003, 23 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 Owen Association Inc reported income of $589k and spending of $78k, leaving 87% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $214k to $589k (+175%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 172%. Over the whole period it spent 28% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Owen Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Washington Native Plant Society ($589k), Sipson Island Trust Inc ($590k) and Walama Restoration Project ($589k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.4% of the total. Other salaries and wages came to $25k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 5 employees.