Lake Burton Civic Association Foundation Inc

Analysis

Lake Burton Civic Association Foundation Inc is a registered charity in United States, based in Clayton, GA. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Burton Civic Association Foundation Inc reported income of $344k and spending of $513k, spending 149% of what it took in. Across the 5 years on record, from September 2020 to December 2023, income fell from $475k to $344k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2022, when income rose by 444%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lake Burton Civic Association Foundation Inc sits at the 68th percentile: it is larger than about 68% 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 Camphill Soltane Foundation ($344k), American Lebanese Tripolian Organization Inc ($345k) and Institute for Middle East Options Inc ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $835k against liabilities of $248k, net assets of $587k.