Playa Lakes Joint Venture

Analysis

Playa Lakes Joint Venture is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in November 2003, 23 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, Playa Lakes Joint Venture reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.8m (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Playa Lakes Joint Venture sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Red Cloud Renewable ($2.8m), Columbia Springs ($2.8m) and Summit Metro Parks Foundation ($2.8m).

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 $1.4m. At year end it held assets of $1.2m against liabilities of $418k, net assets of $749k. It reported 18 employees.