Lake Forest-Lake Bluff Senior Citizens Foundation

Analysis

Lake Forest-Lake Bluff Senior Citizens Foundation is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in December 1997, 29 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 April 2024, Lake Forest-Lake Bluff Senior Citizens Foundation reported income of $295k and spending of $271k, spending 92% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $310k to $295k (-4.9%), an average of -1.2% a year. The sharpest change came in the year to April 2023, when income dropped by 47%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lake Forest-Lake Bluff Senior Citizens Foundation 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 61st percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Al-Maun - Neighborly Needs - of Las Vegas NV ($295k), Family Promise of the Lakeshore ($295k) and Health & Housing Consortium ($295k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.