Lake Effect Conservancy

Analysis

Lake Effect Conservancy is a registered charity in United States, based in Wayzata, MN. It received its IRS tax-exemption ruling in November 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 Effect Conservancy reported income of $1.3m and spending of $635k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $1.3m (+514%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 455%. Over the whole period it spent 69% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Effect Conservancy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Cool Roof Rating Council Inc ($1.3m), Slide Ranch ($1.3m) and Flanders Nature Center Inc Van Vleck Farm ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $801k against liabilities of $0, net assets of $801k.