Big Lakes Foundation Inc

Analysis

Big Lakes Foundation Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Big Lakes Foundation Inc reported income of $1.3m and spending of $760k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2023, when income rose by 559%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Lakes Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within KS. Charities of a similar size with the same main cause include New Day Childrens Center Inc ($1.3m), Ricca ($1.3m) and San Bernardino Symphony Association ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. It paid $36k in professional fundraising fees. At year end it held assets of $4.0m against liabilities of $5,708, net assets of $4.0m.