Lakeland Center Inc

Analysis

Lakeland Center Inc is a registered charity in United States, based in Coatesville, IN. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lakeland Center Inc reported income of $73k and spending of $73k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $72k to $73k (+0.7%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakeland Center 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 29th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Christian Food Pantry Incorporated ($73k), Lets Go Fishing ($73k) and Triple C Community Outreach Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 3.0% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.