Mountain Lake Community Service Inc

Analysis

Mountain Lake Community Service Inc is a registered charity in United States, based in Lake Wales, FL. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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 September 2023, Mountain Lake Community Service Inc reported income of $243k and spending of $334k, spending 137% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $287k to $243k (-15%), an average of -4.1% a year. The sharpest change came in the year to September 2022, when income rose by 58%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mountain Lake Community Service Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Hovland Area Volunteer Fire Department Inc ($243k), Fairbanks Family in America Inc ($243k) and Health Occupations Students of America ($243k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $392k against liabilities of $0, net assets of $392k.