Lakeview Community Resources Inc

Analysis

Lakeview Community Resources Inc is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lakeview Community Resources Inc reported income of $1.1m and spending of $66k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3,638 to $1.1m (+29124%), an average of +314% a year. The sharpest change came in the year to December 2023, when income rose by 9664964%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakeview Community Resources 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 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Pottsville Free Public Library ($1.1m), Airport Corridor Transportation Assoc ($1.1m) and ND Major Elks Project ($1.1m).

Other salaries and wages came to $32k. At year end it held assets of $2.5m against liabilities of $813k, net assets of $1.7m.