Lost Lake Run Inc

Analysis

Lost Lake Run Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Lost Lake Run Inc reported income of $199k and spending of $198k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $276k to $199k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lost Lake Run Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 49th percentile within AK. Charities of a similar size with the same main cause include Faith by Grace Ministries Inc ($199k), Hicksstrong Inc ($199k) and C J Jung Center ($199k).

Compensation of current officers, directors and key employees was $36k (18% of expenses). At year end it held assets of $7,100 against liabilities of $0, net assets of $7,100. It reported 1 employees.