Lake Geauga United Headstart Inc

Analysis

Lake Geauga United Headstart Inc is a registered charity in United States, based in Concord TWP, OH. It received its IRS tax-exemption ruling in April 1972, 54 years ago. 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 Geauga United Headstart Inc reported income of $4.3m and spending of $4.5m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $4.3m (+20%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Geauga United Headstart Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Interfaith Works ($4.3m), Van Wert County Foundation ($4.3m) and Variety the Childrens Charity of Iowa ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $977k against liabilities of $118k, net assets of $859k. It reported 102 employees.