Lakeview Village Inc

Analysis

Lakeview Village Inc is a registered charity in United States, based in Lenexa, KS. It received its IRS tax-exemption ruling in March 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Lakeview Village Inc reported income of $54.3m and spending of $52.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $48.0m to $54.3m (+13%), an average of +3.1% a year. 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, Lakeview Village Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KS. Charities of a similar size with the same main cause include North Central Florida Hospice Inc ($54.2m), Genesee Livingston Orleans Wyoming Counties Chapter Nysarc Inc ($54.3m) and Fegs Home Attendant Services Inc ($54.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $898k (1.7% of expenses). Other salaries and wages came to $25.0m. At year end it held assets of $145.3m against liabilities of $132.1m, net assets of $13.2m. It reported 790 employees.