Lakeway Police Memorial & Benevolent Foundation

Analysis

Lakeway Police Memorial & Benevolent Foundation is a registered charity in United States, based in Lakeway, TX. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lakeway Police Memorial & Benevolent Foundation reported income of $87k and spending of $107k, spending 123% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $90k to $87k (-4.1%), an average of -2.0% a year. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakeway Police Memorial & Benevolent Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Cornerstone Christian Services ($87k), Volunteer Avery County and Community Services ($87k) and Olivenhain Farms ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.