Greater Lakes Region Charitable Fund for Children Inc

Analysis

Greater Lakes Region Charitable Fund for Children Inc is a registered charity in United States, based in Laconia, NH. It received its IRS tax-exemption ruling in December 2015, 11 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 2024, Greater Lakes Region Charitable Fund for Children Inc reported income of $773k and spending of $695k, spending 90% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $583k to $773k (+33%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 1062%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Lakes Region Charitable Fund for Children Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within NH. Charities of a similar size with the same main cause include Vip & Associates ($773k), Cove House Emergency Homeless Shelter Inc ($773k) and Womens Non-Profit Alliance ($773k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $259k against liabilities of $0, net assets of $259k.