Great Lakes Tritons Inc

Analysis

Great Lakes Tritons Inc is a registered charity in United States, based in Chesterfield, MI. It received its IRS tax-exemption ruling in July 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Great Lakes Tritons Inc reported income of $239k and spending of $243k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $239k (-0.4%), an average of -0.1% a year. 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, Great Lakes Tritons Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include West Florida Lightning Aquatics ($239k), Hocking Valley Gymnastics Boosters Organization Inc ($239k) and Knights Court Sports Booster Club ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $85k (35% of expenses). Other salaries and wages came to $25k. At year end it held assets of $141k against liabilities of $0, net assets of $141k. It reported 14 employees.