Disability Network Lakeshore

Analysis

Disability Network Lakeshore is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in September 1992, 34 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 September 2023, Disability Network Lakeshore reported income of $1.7m and spending of $1.1m, leaving 36% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.7m (+66%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 64%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Disability Network Lakeshore sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Holly Street Corporation ($1.7m), Loving Hearts Outreach Inc ($1.7m) and Life Camp Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $93k (8.3% of expenses). Other salaries and wages came to $619k. At year end it held assets of $1.7m against liabilities of $163k, net assets of $1.5m. It reported 37 employees.