Lakeshore Medical Laboratory Training Program Inc

Analysis

Lakeshore Medical Laboratory Training Program Inc is a registered charity in United States, based in Michigan City, IN. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lakeshore Medical Laboratory Training Program Inc reported income of $90k and spending of $98k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $102k to $90k (-12%), an average of -3.1% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lakeshore Medical Laboratory Training Program Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Rehabilitation Foundation of Northwest Florida Inc ($90k), Horses of Warriors ($90k) and Cleveland Psychoanalytic Society Foundation ($90k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (98% of expenses). At year end it held assets of $61k against liabilities of $47k, net assets of $15k.