Friends of Lake Sonoma

Analysis

Friends of Lake Sonoma is a registered charity in United States, based in Geyserville, CA. It received its IRS tax-exemption ruling in January 2003, 23 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, Friends of Lake Sonoma reported income of $60k and spending of $67k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $50k to $60k (+21%), an average of +6.5% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 102% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Lake Sonoma sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Rock Creek Alliance Inc ($60k), Carmel Valley Village Improvement Committee ($60k) and California Forest Conservation Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 95% of the total. At year end it held assets of $65k against liabilities of $1,943, net assets of $63k.