Lakes Region Community Services Council

Analysis

Lakes Region Community Services Council is a registered charity in United States, based in Laconia, NH. It received its IRS tax-exemption ruling in May 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Lakes Region Community Services Council reported income of $31.6m and spending of $31.5m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $27.5m to $31.6m (+15%), an average of +4.7% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakes Region Community Services Council sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NH. Charities of a similar size with the same main cause include Citymeals-On-Wheels ($31.5m), Las Animas County Rehabilitation Center Inc ($31.6m) and Collington Episcopal Life Care Community Inc ($31.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $321k (1.0% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $11.0m against liabilities of $3.1m, net assets of $7.9m. It reported 390 employees.