National Loon Center Foundation Inc

Analysis

National Loon Center Foundation Inc is a registered charity in United States, based in Crosslake, MN. It received its IRS tax-exemption ruling in October 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 (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, National Loon Center Foundation Inc reported income of $429k and spending of $488k, spending 114% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $873k to $429k (-51%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 49% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, National Loon Center Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Virginia Clean Cities ($429k), Humboldt Botanical Gardens Foundation ($429k) and The Urban Wild Inc ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $115k (24% of expenses). It paid $15k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $92k, net assets of $1.5m. It reported 4 employees.