Lake Lanier Association Inc

Analysis

Lake Lanier Association Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in May 1997, 29 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, Lake Lanier Association Inc reported income of $347k and spending of $481k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $361k to $347k (-4.0%), an average of -1.0% a year. The sharpest change came in the year to December 2020, when income rose by 94%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Lanier Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Flint Creek Wildlife Rehabilitation ($347k), Brunswick Downtown Association ($347k) and Code4nature Inc ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $184k. At year end it held assets of $456k against liabilities of $107k, net assets of $349k. It reported 3 employees.