Lakeview Health Services Inc

Analysis

Lakeview Health Services Inc is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in February 1979, 47 years ago. Its declared purposes cover mental health and crisis intervention, 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, Lakeview Health Services Inc reported income of $17.0m and spending of $16.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.2m to $17.0m (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lakeview Health Services Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Saint Michaels Clinics Inc ($17.0m), Powell Recovery Center Inc ($17.0m) and Bear Lake Community Health Center Inc ($17.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $439k (2.6% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $22.5m against liabilities of $13.5m, net assets of $9.0m. It reported 203 employees.