Southern Lakes Area Love Inc
Analysis
Southern Lakes Area Love Inc is a registered charity in United States, based in Burlington, WI. It received its IRS tax-exemption ruling in December 1984, 42 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 December 2023, Southern Lakes Area Love Inc reported income of $2.2m and spending of $2.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $2.2m (-2.1%), an average of -0.5% a year. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southern Lakes Area Love Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include American Muslim Social Services Inc ($2.2m), Urban Concern Inc ($2.2m) and James and Grace Lee Boggs School ($2.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $866k. At year end it held assets of $1.9m against liabilities of $58k, net assets of $1.9m. It reported 59 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 46%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Muslim Social Services Inc | Longwood | $2.2m |
| Urban Concern Inc | Columbus | $2.2m |
| James and Grace Lee Boggs School | Detroit | $2.2m |
| Comprehensive Juvenile Services Inc | Fort Smith | $2.2m |