Lake Katherine Nature Center and Botanic Gardens

Analysis

Lake Katherine Nature Center and Botanic Gardens is a registered charity in United States, based in Palos Heights, IL. It received its IRS tax-exemption ruling in July 1998, 28 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, Lake Katherine Nature Center and Botanic Gardens reported income of $440k and spending of $385k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $440k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Katherine Nature Center and Botanic Gardens sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Paul Bunyan Arboretum ($440k), Indiana Audubon Society Inc ($441k) and Friends of Cobbossee Watershed District ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $90k (23% of expenses). Other salaries and wages came to $51k. At year end it held assets of $521k against liabilities of $86k, net assets of $435k. It reported 1 employees.