Lake County Build a Generation

Analysis

Lake County Build a Generation is a registered charity in United States, based in Leadville, CO. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lake County Build a Generation reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.3m to $1.3m (-1.1%), an average of -0.4% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake County Build a Generation 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 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Oak Hill Classical School Inc ($1.3m), Arizona Strut Students Recycling Used Technology ($1.3m) and Leaders & Scholars Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $76k (6.1% of expenses). Other salaries and wages came to $474k. At year end it held assets of $1.2m against liabilities of $527k, net assets of $719k. It reported 12 employees.