Lanier Canoe & Kayak Club

Analysis

Lanier Canoe & Kayak Club is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Lanier Canoe & Kayak Club reported income of $275k and spending of $261k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $278k to $275k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lanier Canoe & Kayak Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Lobo Football Booster Club Inc ($275k), Sterling Track Club Inc ($275k) and East Orlando Knights Futbol Club Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 81% of the total. Other salaries and wages came to $114k. At year end it held assets of $209k against liabilities of $8,855, net assets of $201k. It reported 19 employees.