Lakeview Christian Home of the Southwest Inc

Analysis

Lakeview Christian Home of the Southwest Inc is a registered charity in United States, based in Carlsbad, NM. It received its IRS tax-exemption ruling in December 1966, 60 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Lakeview Christian Home of the Southwest Inc reported income of $20.8m and spending of $13.8m, leaving 33% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $13.5m to $20.8m (+54%), an average of +11% a year. The sharpest change came in the year to July 2020, when income rose by 103%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lakeview Christian Home of the Southwest Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 99th percentile within NM. Charities of a similar size with the same main cause include Greater Prince William Area Community Health Center Inc ($20.7m), First Step House ($20.8m) and Colorectal Cancer Alliance Inc ($20.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 25% and program service revenue 66% of the total. Other salaries and wages came to $6.4m. It paid $26k in professional fundraising fees. At year end it held assets of $47.3m against liabilities of $18.7m, net assets of $28.6m. It reported 217 employees.