Smith Mountain Lake Association Inc

Analysis

Smith Mountain Lake Association Inc is a registered charity in United States, based in Moneta, VA. It received its IRS tax-exemption ruling in September 1999, 27 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, Smith Mountain Lake Association Inc reported income of $164k and spending of $166k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $164k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Smith Mountain Lake Association Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Justice and Mercy Services Inc ($164k), Penns Valley Conservation Assoc ($164k) and Carbon Neutral Indiana Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $213k against liabilities of $1,236, net assets of $212k.