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Lake Erie International High School

RegisteredEIN 61-1409704Lakewood, OHEducation and training
Income$3.1m2023-06
Spending$2.7msame year
Spent / received90%5-year average
Size in its cause86th pctEducation and training
Exempt since2009Publicly supported organisat
Employees15latest return

Analysis

Lake Erie International High School is a registered charity in United States, based in Lakewood, OH. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Lake Erie International High School reported income of $3.1m and spending of $2.7m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.1m (+8.6%), an average of +2.1% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Erie International High School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Invent Learning Hub ($3.1m), Carden Arbor View School Inc ($3.1m) and Elevator Constructors Union Local No 1 ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $955k. At year end it held assets of $5.7m against liabilities of $3.4m, net assets of $2.3m. It reported 15 employees.

Income and spending

$0$772k$1.5m$2.3m$3.1m2019 Income: $2,841,0022019 Spending: $2,615,03020192020 Income: $2,699,7042020 Spending: $2,623,04820202021 Income: $2,650,3272021 Spending: $2,602,58520212022 Income: $2,958,2782022 Spending: $2,293,87920222023 Income: $3,086,5702023 Spending: $2,739,2732023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Other 3.0%

Similar-sized charities, same cause

CharityLocationIncome
Invent Learning HubIndianapolis$3.1m
Carden Arbor View School IncUpland$3.1m
Elevator Constructors Union Local No 1Pittsburgh$3.1m
Shippensburg University Student Services IncShippensburg$3.1m