Lake County Resources Initiative
Analysis
Lake County Resources Initiative is a registered charity in United States, based in Lakeview, OR. It received its IRS tax-exemption ruling in July 2002, 24 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 County Resources Initiative reported income of $691k and spending of $558k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $691k (+100%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 93% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake County Resources Initiative sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Phinizy Center for Water Sciences Inc ($690k), Oklahoma City Beautiful Inc ($692k) and Friends of Quinta Mazatlan ($690k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $53k (9.4% of expenses). Other salaries and wages came to $236k. At year end it held assets of $170k against liabilities of $6,596, net assets of $163k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 69%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Phinizy Center for Water Sciences Inc | Augusta | $690k |
| Oklahoma City Beautiful Inc | Oklahoma City | $692k |
| Friends of Quinta Mazatlan | McAllen | $690k |
| Keep Tampa Bay Beautiful Inc | Tampa | $692k |