Lakeshore Little Peoples Place Inc

Analysis

Lakeshore Little Peoples Place Inc is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lakeshore Little Peoples Place Inc reported income of $2.4m and spending of $2.8m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.4m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakeshore Little Peoples Place Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Encircle Families ($2.4m), Greenlight Family Services ($2.4m) and Homestead Youth & Family Services Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $1.8m against liabilities of $90k, net assets of $1.7m. It reported 142 employees.