Inter-Lakes Community Action Partnership Inc

Analysis

Inter-Lakes Community Action Partnership Inc is a registered charity in United States, based in Madison, SD. It received its IRS tax-exemption ruling in March 1967, 59 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 September 2023, Inter-Lakes Community Action Partnership Inc reported income of $19.2m and spending of $17.8m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.5m to $19.2m (+67%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 50%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inter-Lakes Community Action Partnership Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within SD. Charities of a similar size with the same main cause include Child Care Coordinating Council of San Mateo County Inc ($19.2m), Greater Providence Young Mens Christian Association ($19.3m) and St Josephs Villa ($19.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $501k (2.8% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $11.6m against liabilities of $3.9m, net assets of $7.6m. It reported 198 employees.