Ecumenical Shelter Network of Lake County Inc

Analysis

Ecumenical Shelter Network of Lake County Inc is a registered charity in United States, based in Painesville, OH. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ecumenical Shelter Network of Lake County Inc reported income of $1.9m and spending of $1.5m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $982k to $1.9m (+98%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ecumenical Shelter Network of Lake County Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Womens Development Center Inc ($1.9m), Housing for Homeless Inc ($1.9m) and The Equal Rights Center ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $164k (11% of expenses). Other salaries and wages came to $579k. At year end it held assets of $2.4m against liabilities of $170k, net assets of $2.2m. It reported 54 employees.