Lake-Sumter Central Office Inc

Analysis

Lake-Sumter Central Office Inc is a registered charity in United States, based in Leesburg, FL. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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-Sumter Central Office Inc reported income of $51k and spending of $44k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $51k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lake-Sumter Central Office Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include JCHC Real Estate Inc ($51k), Dem Bois Inc ($51k) and Covid Plasma Initiative Foundation ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.