Lynn Canal Adventures

Analysis

Lynn Canal Adventures is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Lynn Canal Adventures reported income of $114k and spending of $104k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $114k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lynn Canal Adventures sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within AK. Charities of a similar size with the same main cause include Edge Athletic Club Inc ($113k), Indiana Youth Shooting Sports Foundation Inc ($114k) and Tucson Mens Senior Baseball ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $66k against liabilities of $6,581, net assets of $60k.