The Auxillary of Lake Hospital System Inc

Analysis

The Auxillary of Lake Hospital System Inc is a registered charity in United States, based in Concord TWP, OH. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Auxillary of Lake Hospital System Inc reported income of $73k and spending of $80k, spending 110% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $311k to $73k (-77%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. 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, The Auxillary of Lake Hospital System Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Alpha Gamma Rho Alumni Association Inc ($73k), Chickasha Area Arts Council Inc ($73k) and United States Bobsled & Skeleton Federation TR ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.