Lake County Sheriffs Charities Inc

Analysis

Lake County Sheriffs Charities Inc is a registered charity in United States, based in Tavares, FL. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lake County Sheriffs Charities Inc reported income of $216k and spending of $177k, spending 82% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $161k to $216k (+34%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 432%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lake County Sheriffs Charities Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Hat Club ($216k), Ssfcu Charitable Foundation Inc ($216k) and E J and Lenore Kaiser and David E Gerlach Foundation ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $323k against liabilities of $34k, net assets of $288k.