Lakeview Health

Analysis

Lakeview Health is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Lakeview Health reported income of $4.4m and spending of $60k, leaving 99% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.6m to $4.4m (+174%), an average of +22% a year. The sharpest change came in the year to December 2019, when income rose by 804%. Over the whole period it spent 0.2% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lakeview Health sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Little Sisters of the Poor St Josephs Home for the Elderly ($4.4m), Sheltering Arms Corporation ($4.4m) and Paterson Counseling Center ($4.4m).

At year end it held assets of $141.8m against liabilities of $1,080, net assets of $141.8m.