Lake Quassapaug Association Inc

Analysis

Lake Quassapaug Association Inc is a registered charity in United States, based in Middlebury, CT. It received its IRS tax-exemption ruling in June 2014, 12 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 Quassapaug Association Inc reported income of $67k and spending of $55k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $67k (-8.9%), an average of -8.9% a year. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Quassapaug Association Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within CT. Charities of a similar size with the same main cause include Sloans Lake Park Foundation ($67k), Artesia Clean & Beautiful ($67k) and Mandarin Garden Club ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.