Lakeview Presbyterian Homes Inc

Analysis

Lakeview Presbyterian Homes Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in January 1984, 42 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2024, Lakeview Presbyterian Homes Inc reported income of $1.2m and spending of $1.1m, spending 89% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $1.1m to $1.2m (+14%), an average of +2.7% a year. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lakeview Presbyterian Homes Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include San Antonio for Growth on the Eastside Inc ($1.2m), My Place Home for the Homeless ($1.2m) and Pure Hope Foundation ($1.2m).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $322k. At year end it held assets of $2.3m against liabilities of $2.8m, net assets of -$521k. It reported 9 employees.