Atlas of the Lakes Area

Analysis

Atlas of the Lakes Area is a registered charity in United States, based in Arnolds Park, IA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Atlas of the Lakes Area reported income of $91k and spending of $91k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $91k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Atlas of the Lakes Area sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include Four Paws to Freedom ($91k), Sister Margaret Freeman Foundation Inc ($91k) and Hope Works Job Experience Program ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.