Round Lake Christian Assembly Inc

Analysis

Round Lake Christian Assembly Inc is a registered charity in United States, based in Lakeville, OH. It received its IRS tax-exemption ruling in June 1979, 47 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Round Lake Christian Assembly Inc reported income of $1.7m and spending of $1.3m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Round Lake Christian Assembly Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Woodland Christian Camp Inc ($1.7m), 3xm-Usa ($1.7m) and Visions Made Viable ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $44k (3.5% of expenses). Other salaries and wages came to $382k. At year end it held assets of $3.3m against liabilities of $350k, net assets of $3.0m. It reported 54 employees.