Lake of the Woods Players

Analysis

Lake of the Woods Players is a registered charity in United States, based in Locust Grove, VA. It received its IRS tax-exemption ruling in September 1983, 43 years ago. 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 of the Woods Players reported income of $88k and spending of $81k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $88k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake of the Woods Players sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Valley Home for Women Inc ($88k), Pennsylvania Geriatrics Society - Western Division ($88k) and Greenfield Minor League ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. At year end it held assets of $119k against liabilities of $1,000, net assets of $118k.