Lake Keowee Source Water Protection Team

Analysis

Lake Keowee Source Water Protection Team is a registered charity in United States, based in Seneca, SC. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Lake Keowee Source Water Protection Team reported income of $221k and spending of $358k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $21k to $221k (+950%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 174% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Keowee Source Water Protection Team sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 61st percentile within SC. Charities of a similar size with the same main cause include Dishman Hills Conservancy ($221k), Litchfield Hills Conservancy Inc ($221k) and River Project ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $707k against liabilities of $0, net assets of $707k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.