Lane-Dulcenia Memorial Home

Analysis

Lane-Dulcenia Memorial Home is a registered charity in United States, based in Hemlock, MI. It received its IRS tax-exemption ruling in April 1938, 88 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Lane-Dulcenia Memorial Home reported income of $137k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $108k to $137k (+27%), an average of +6.1% a year. The sharpest change came in the year to May 2021, when income rose by 445%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lane-Dulcenia Memorial Home sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include South Gwinnett High School Touchdown Club Inc ($137k), Northern Chautauqua County Youth Hockey Association Inc ($137k) and Pro Arts ($137k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.