Great Lakes Adaptive Sports Assoc

Analysis

Great Lakes Adaptive Sports Assoc is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Great Lakes Adaptive Sports Assoc reported income of $1.5m and spending of $1.3m, spending 88% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $1.1m to $1.5m (+45%), an average of +13% a year. The sharpest change came in the year to April 2022, when income rose by 38%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Great Lakes Adaptive Sports Assoc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Breckinridge County Central E M S Inc ($1.5m), Elizabeths Smile Foundation ($1.5m) and Lakeshore Pregnancy Center Inc ($1.5m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 67% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $80k (6.0% of expenses). Other salaries and wages came to $438k. At year end it held assets of $1.1m against liabilities of $130k, net assets of $978k. It reported 12 employees.