Lakeland Animal Welfare Society Inc
Analysis
Lakeland Animal Welfare Society Inc is a registered charity in United States, based in Elkhorn, WI. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).
In the financial year ending December 2023, Lakeland Animal Welfare Society Inc reported income of $1.0m and spending of $929k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $818k to $1.0m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 103% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Lakeland Animal Welfare Society Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include Carroll County Humane Society ($1.0m), Kilham Bear Center Inc ($1.0m) and Alliance for Companion Animals Inc ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 28% of the total. Other salaries and wages came to $395k. At year end it held assets of $4.4m against liabilities of $1.6m, net assets of $2.8m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 28%
- Other 5.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Carroll County Humane Society | Carrollton | $1.0m |
| Kilham Bear Center Inc | Lyme | $1.0m |
| Alliance for Companion Animals Inc | Phoenix | $1.0m |
| Central Vermont Humane Society Inc | East Montpelier | $1.0m |