Lake Country Academy Inc

Analysis

Lake Country Academy Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lake Country Academy Inc reported income of $3.9m and spending of $3.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $3.9m (+4.4%), an average of +1.1% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Country Academy Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include First Baptist Church of Palm Coastchristian School Inc ($3.9m), Tesseract Research Center Inc ($3.9m) and Ceo Forum Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $261k (6.7% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.5m against liabilities of $3.2m, net assets of $3.3m. It reported 72 employees.