Lake McQueeney Property Owners Association Inc

Analysis

Lake McQueeney Property Owners Association Inc is a registered charity in United States, based in MC Queeney, TX. It received its IRS tax-exemption ruling in December 1996, 30 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 July 2021, Lake McQueeney Property Owners Association Inc reported income of $72k and spending of $165k, spending 228% of what it took in. Across the 2 years on record, from July 2020 to July 2021, income fell from $1.4m to $72k (-95%), an average of -95% a year. The sharpest change came in the year to July 2021, when income dropped by 95%. 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, Lake McQueeney Property Owners Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Morris Creek Watershed Association Inc ($72k), Vore Buffalo Jump Foundation ($72k) and Keep America Beautiful-Topeka- Shawnee County Inc ($72k).

On its Form 990 for the period ending July 2021, revenue came from contributions and grants 97% of the total. At year end it held assets of $470k against liabilities of $0, net assets of $470k.