Leelanau Christian Neighbors Inc

Analysis

Leelanau Christian Neighbors Inc is a registered charity in United States, based in Lake Leelanau, MI. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Leelanau Christian Neighbors Inc reported income of $1.8m and spending of $1.3m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $966k to $1.8m (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Leelanau Christian Neighbors Inc sits at the 95th percentile: it is larger than about 95% 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 Bethlehem Bible Co Inc ($1.8m), Barnabas Center ($1.8m) and Charles Simeon TR ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. Other salaries and wages came to $239k. At year end it held assets of $3.3m against liabilities of $20k, net assets of $3.3m. It reported 6 employees.