Lakeside Community Committee

Analysis

Lakeside Community Committee is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2023, 3 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 June 2023, Lakeside Community Committee reported income of $5.5m and spending of $5.7m, spending 103% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $3.8m to $5.5m (+46%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakeside Community Committee sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Hermanitos Unidos-Siblings United Foster Family Agency ($5.5m), Exchange Club-Carl Perkins Center for the Prevention of Child Abuse ($5.5m) and Feed Louisville Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $1.1m against liabilities of $891k, net assets of $235k. It reported 45 employees.