Lakeshore Communications Inc

Analysis

Lakeshore Communications Inc is a registered charity in United States, based in De Pere, WI. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, Lakeshore Communications Inc reported income of $719k and spending of $688k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $479k to $719k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakeshore Communications Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Leadership Jacksonville Inc ($719k), We Care Arts ($719k) and Beth Haven Terrace Inc ($719k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Other salaries and wages came to $229k. At year end it held assets of $971k against liabilities of $7,935, net assets of $963k. It reported 8 employees.