Lakeside Drama Association Inc

Analysis

Lakeside Drama Association Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Lakeside Drama Association Inc reported income of $55k and spending of $77k, spending 141% of what it took in. Across the 3 years on record, from July 2019 to July 2024, income fell from $89k to $55k (-39%), an average of -22% a year. The sharpest change came in the year to July 2024, when income dropped by 57%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeside Drama Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Junior Achievement of Eastern Iowa Foundation ($55k), Sparta Elementary PTC ($55k) and The Galloway Parents Association ($55k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 43% and program service revenue 16% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.