Lakeland Immediate Care Center

Analysis

Lakeland Immediate Care Center is a registered charity in United States, based in Cassopolis, MI. It received its IRS tax-exemption ruling in December 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lakeland Immediate Care Center reported income of $22.6m and spending of $18.0m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.3m to $22.6m (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 35%. 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, Lakeland Immediate Care Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Columbia Community Mental Health ($22.6m), West Philadelphia Community Mental Health Consortium Inc ($22.7m) and Washburn Center for Children ($22.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $690k (3.8% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $36.7m against liabilities of $7.3m, net assets of $29.4m. It reported 150 employees.