Cedar Lake Monticello Parke Inc

Analysis

Cedar Lake Monticello Parke Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cedar Lake Monticello Parke Inc reported income of $101k and spending of $118k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $101k (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 129% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cedar Lake Monticello Parke Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within KY. Charities of a similar size with the same main cause include TR Ui-22-W Edna Wilder ($101k), Pregancy Resource Center of Greater Hazleton ($101k) and Shree Swaminarayan Gyanpith USA Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 68% of the total. At year end it held assets of $725k against liabilities of $18k, net assets of $707k.