Lakewood Connects Inc

Analysis

Lakewood Connects Inc is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in August 2017, 9 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 December 2023, Lakewood Connects Inc reported income of $196k and spending of $207k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $222k to $196k (-12%), an average of -6.1% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakewood Connects Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CO. Charities of a similar size with the same main cause include Escambia County Regional Child Advocacy Center ($196k), Trauma Intervention Programs Inc ($196k) and Raising Girls ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.