Friends of Northern Lake Champlain Inc

Analysis

Friends of Northern Lake Champlain Inc is a registered charity in United States, based in St Albans, VT. It received its IRS tax-exemption ruling in February 2007, 19 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 Northern Lake Champlain Inc reported income of $279k and spending of $176k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $279k (+151%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 230%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Northern Lake Champlain Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 52nd percentile within VT. Charities of a similar size with the same main cause include Bourne Conservation Trust ($279k), Citizens Utility Board of Ohio ($279k) and Lower Rio Grande Valley Nature Center ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $52k. At year end it held assets of $216k against liabilities of $6,216, net assets of $210k. It reported 4 employees.