Cedar Lakes Woods & Gardens Inc

Analysis

Cedar Lakes Woods & Gardens Inc is a registered charity in United States, based in Williston, FL. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Cedar Lakes Woods & Gardens Inc reported income of $1.1m and spending of $679k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $1.1m (+344%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedar Lakes Woods & Gardens Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Camp St Charles Inc ($1.1m), Hopkins Youth Hockey Association ($1.1m) and Minnesota Hospital and Healthcare Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 48% of the total. Other salaries and wages came to $381k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 18 employees.