Lake Area Industry Alliance

Analysis

Lake Area Industry Alliance is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in September 2001, 25 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 Area Industry Alliance reported income of $583k and spending of $531k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $655k to $583k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Area Industry Alliance sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within LA. Charities of a similar size with the same main cause include South Adams Trails Inc ($583k), Buffalo Audubon Society Inc ($583k) and Riverwalk Fort Lauderdale Inc ($583k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $101k. At year end it held assets of $350k against liabilities of $3,116, net assets of $346k. It reported 1 employees.