Lakeside Relief Center

Analysis

Lakeside Relief Center is a registered charity in United States, based in Memphis, MO. It received its IRS tax-exemption ruling in November 2017, 9 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, Lakeside Relief Center reported income of $325k and spending of $300k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $186k to $325k (+74%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 70%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakeside Relief Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Friends or Relatives with Autism & Related Disabilities Forward Inc ($325k), Common Ground Free Store Ministries ($325k) and C H I L D Inc ($325k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $360k against liabilities of $0, net assets of $360k.