Osakis Lake Association Inc

Analysis

Osakis Lake Association Inc is a registered charity in United States, based in Osakis, MN. It received its IRS tax-exemption ruling in October 2000, 26 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, Osakis Lake Association Inc reported income of $152k and spending of $55k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $152k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 52% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Osakis Lake Association Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Thurston Climate Action Team ($152k), Save the Wood Clean the Air ($152k) and Sheep Mountain Alliance ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 26% of the total. At year end it held assets of $192k against liabilities of $1,005, net assets of $191k. It reported 2 employees.