Friends of Lake Keowee Society

Analysis

Friends of Lake Keowee Society is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in December 1993, 33 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, Friends of Lake Keowee Society reported income of $188k and spending of $162k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $203k to $188k (-7.3%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 81% 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 Keowee Society sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 58th percentile within SC. Charities of a similar size with the same main cause include Memory Trees Corporation ($188k), Maine Rivers ($188k) and Plymouth Rotary Foundation ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 13% of the total. Other salaries and wages came to $40k. At year end it held assets of $589k against liabilities of $0, net assets of $589k. It reported 1 employees.