Friends of Lake Panorama

Analysis

Friends of Lake Panorama is a registered charity in United States, based in Panora, IA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Lake Panorama reported income of $72k and spending of $64k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $72k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Lake Panorama 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 28th percentile, and in the 26th percentile within IA. Charities of a similar size with the same main cause include Michael Kudish Natural History Preserve Inc ($72k), San Francisco Beekeepers Association ($72k) and Mitigation Futures Conservancy ($72k).

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 $44k against liabilities of $0, net assets of $44k.