The Mountain Lake Conservancy Inc

Analysis

The Mountain Lake Conservancy Inc is a registered charity in United States, based in Pembroke, VA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Mountain Lake Conservancy Inc reported income of $51k and spending of $158k, spending 309% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income grew from $1,648 to $51k (+2995%), an average of +456% a year. The sharpest change came in the year to December 2023, when income rose by 2219%. Over the whole period it spent 479% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Mountain Lake Conservancy Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Alger County Animal Shelter ($51k), PTA California Congress of Parents Teachers & Students Inc ($51k) and Red Lion Youth Center ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. At year end it held assets of $93k against liabilities of $450, net assets of $93k.