Lake Erie Foundation

Analysis

Lake Erie Foundation is a registered charity in United States, based in Marblehead, OH. It received its IRS tax-exemption ruling in September 2016, 10 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 Erie Foundation reported income of $262k and spending of $220k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $262k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 357%. Over the whole period it spent 52% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Erie Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Cimarron Watershed Alliance Inc ($262k), Climate Finance Action Inc ($262k) and Turks and Caicos Reef Fund Inc ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $95k. At year end it held assets of $963k against liabilities of $3,098, net assets of $960k. It reported 2 employees.