Healthy Lakewood Foundation

Analysis

Healthy Lakewood Foundation is a registered charity in United States, based in Lakewood, OH. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover health care, 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 December 2023, Healthy Lakewood Foundation reported income of $680k and spending of $700k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $781k to $680k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2020, when income rose by 565%. Over the whole period it spent 19% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthy Lakewood Foundation 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 75th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Harwinton Ambulance Association Inc ($680k), Inland Empire Liver Foundation ($681k) and New Beginning of Charleston Inc ($680k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $109k (16% of expenses). Other salaries and wages came to $22k. At year end it held assets of $19.3m against liabilities of $3,811, net assets of $19.3m. It reported 2 employees.