Girls Incorporated of Lakelane Inc

Analysis

Girls Incorporated of Lakelane Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in April 2001, 25 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2023, Girls Incorporated of Lakelane Inc reported income of $461k and spending of $457k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $530k to $461k (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Girls Incorporated of Lakelane Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include F H Coe PTA Seattle Council 6-15-70 ($461k), Cleveland High School Band Parents Association ($461k) and Volunteers of America Inc ($461k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $90k (20% of expenses). Other salaries and wages came to $124k. At year end it held assets of $408k against liabilities of $3,448, net assets of $404k. It reported 17 employees.