Forest Lake Area Trail System

Analysis

Forest Lake Area Trail System is a registered charity in United States, based in Kirksville, MO. It received its IRS tax-exemption ruling in August 2016, 10 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 (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, Forest Lake Area Trail System reported income of $63k and spending of $63k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $63k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 62% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Forest Lake Area Trail System 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 25th percentile, and in the 22nd percentile within MO. Charities of a similar size with the same main cause include Los Altos - Mountain View Pony Baseball Inc ($63k), Triton Youth Basketball Inc ($63k) and Conrad Weiser Tennis Association ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.