Lakes Region Cancer Support Team Inc

Analysis

Lakes Region Cancer Support Team Inc is a registered charity in United States, based in Laconia, NH. It received its IRS tax-exemption ruling in September 2018, 8 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, Lakes Region Cancer Support Team Inc reported income of $112k and spending of $110k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $112k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakes Region Cancer Support Team Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within NH. Charities of a similar size with the same main cause include Daytona Dream Center Inc ($112k), Crispins House Inc ($112k) and Pride in Action Community Services Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.