Center for the Arts Lake Sunapee Region

Analysis

Center for the Arts Lake Sunapee Region is a registered charity in United States, based in New London, NH. It received its IRS tax-exemption ruling in September 2004, 22 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 (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, Center for the Arts Lake Sunapee Region reported income of $142k and spending of $128k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $142k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Center for the Arts Lake Sunapee Region sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within NH. Charities of a similar size with the same main cause include Pioneer Athletic Conference ($142k), Wasilla Waves Swim Club ($142k) and Turner Boxing Academy Association ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 10% of the total. At year end it held assets of $259k against liabilities of $0, net assets of $259k.