Lake Area Mission Builders Inc

Analysis

Lake Area Mission Builders Inc is a registered charity in United States, based in Richland, MO. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Lake Area Mission Builders Inc reported income of $77k and spending of $51k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $77k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Area Mission Builders Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MO. Charities of a similar size with the same main cause include Pathfinder Plaza Inc ($77k), Class Achieving Change Together Class Act Inc ($77k) and Foundation of the Rotary Club of Forest Grove ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $180k against liabilities of $41k, net assets of $139k.