Lakeshore Support Organization

Analysis

Lakeshore Support Organization is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lakeshore Support Organization reported income of $163k and spending of $2.0m, spending 1247% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $394k to $163k (-59%), an average of -20% a year. The sharpest change came in the year to September 2020, when income rose by 136%. Over the whole period it spent 130% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lakeshore Support Organization sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within AL. Charities of a similar size with the same main cause include Booker T Washington Foundation for Excellence ($163k), Lifespire Foundation Inc ($163k) and Fairfield Public Library Foundation Inc ($163k).

At year end it held assets of $14.7m against liabilities of $2,110, net assets of $14.7m.