Lake George Club Historic Preservation Foundation Inc

Analysis

Lake George Club Historic Preservation Foundation Inc is a registered charity in United States, based in Diamond Point, NY. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Lake George Club Historic Preservation Foundation Inc reported income of $401k and spending of $65k, leaving 84% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $519k to $401k (-23%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 6.8% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lake George Club Historic Preservation Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Brady Craft Inc ($401k), Tenth Muse Films Inc ($401k) and Owen-Cox Dance Group ($401k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.7m against liabilities of $75, net assets of $1.7m.