Lakeway Casa

Analysis

Lakeway Casa is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in August 2016, 10 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 June 2023, Lakeway Casa reported income of $241k and spending of $200k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $194k to $241k (+24%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakeway Casa sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Give Living Hope Foundation ($241k), Dearborn County Clearing House for Emergency Aid Inc ($241k) and Sande School of Horsemanship ($241k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $134k. At year end it held assets of $167k against liabilities of $4,342, net assets of $163k. It reported 8 employees.