Lakes Area Community Coalition

Analysis

Lakes Area Community Coalition is a registered charity in United States, based in Walled Lake, MI. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Lakes Area Community Coalition reported income of $52k and spending of $77k, spending 149% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $150k to $52k (-66%), an average of -23% a year. The sharpest change came in the year to September 2023, when income dropped by 77%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lakes Area Community Coalition sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within MI. Charities of a similar size with the same main cause include Ms Fiteffect ($52k), Tads Kids ($52k) and Philadelphia Dermatological Society ($52k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $29k (38% of expenses). Other salaries and wages came to $17k. At year end it held assets of $7,427 against liabilities of $0, net assets of $7,427. It reported 3 employees.