Lakeland Childrens Center Inc

Analysis

Lakeland Childrens Center Inc is a registered charity in United States, based in Shrub Oak, NY. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Lakeland Childrens Center Inc reported income of $1.3m and spending of $1.2m, spending 97% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $953k to $1.3m (+34%), an average of +10% a year. The sharpest change came in the year to July 2022, when income rose by 129%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakeland Childrens Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Senior Citizens Service Inc ($1.3m), Lumen Institute Incorporated ($1.3m) and Oc United Together ($1.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Other salaries and wages came to $875k. At year end it held assets of $1.7m against liabilities of $29k, net assets of $1.6m. It reported 63 employees.