Lake Okeechobee Rural Health Network Inc

Analysis

Lake Okeechobee Rural Health Network Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in April 1997, 29 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 September 2023, Lake Okeechobee Rural Health Network Inc reported income of $403k and spending of $380k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $429k to $403k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to September 2022, when income rose by 57%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lake Okeechobee Rural Health Network Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Child Care Services of Sterling Inc ($403k), Community Literature Initiative ($403k) and Compassionate Ministries Center of Hope ($403k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $238k against liabilities of $6,403, net assets of $231k.