Gleaners of South Lake County Inc

Analysis

Gleaners of South Lake County Inc is a registered charity in United States, based in Cedar Lake, IN. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Gleaners of South Lake County Inc reported income of $186k and spending of $230k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $139k to $186k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gleaners of South Lake County Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include Tat Family Relief Fund of Kolel Sha-Arei Shlomo Inc ($186k), Association of State Floodplain Managers Foundation ($186k) and The Lucy Pet Foundation Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $158k. At year end it held assets of $30k against liabilities of $4,525, net assets of $25k. It reported 7 employees.