Lochland School Inc

Analysis

Lochland School Inc is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in October 1955, 71 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lochland School Inc reported income of $4.7m and spending of $4.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.7m (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lochland School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Mooresville Area Christian Mission Inc ($4.7m), Kearney Family Young Mens Christian Association ($4.7m) and Northwestern Connecticut Young Mens Christian Association Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $157k (3.4% of expenses). At year end it held assets of $4.6m against liabilities of $407k, net assets of $4.2m. It reported 129 employees.