Lakeshore Community Health Care Inc

Analysis

Lakeshore Community Health Care Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Lakeshore Community Health Care Inc reported income of $16.8m and spending of $16.8m, spending 100% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $13.7m to $16.8m (+23%), an average of +7.0% a year. The sharpest change came in the year to May 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lakeshore Community Health Care 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 97th percentile within WI. Charities of a similar size with the same main cause include River Valley Health ($16.7m), Western Reserve Care Solutions ($16.8m) and Mercy Health Services Inc ($16.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $492k (2.9% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $15.9m against liabilities of $4.6m, net assets of $11.3m. It reported 198 employees.