Lake County Sponsors

Analysis

Lake County Sponsors is a registered charity in United States, based in Libertyville, IL. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Lake County Sponsors reported income of $156k and spending of $171k, spending 109% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $301k to $156k (-48%), an average of -28% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lake County Sponsors sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Authentic Global Revival Inc ($156k), Storyline Community ($156k) and American Friends of Hasheveinu Aylecha Mount Zion Inc ($156k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $64k against liabilities of $25k, net assets of $38k.