Lake County Senior Citizens Association

Analysis

Lake County Senior Citizens Association is a registered charity in United States, based in Lakeview, OR. It received its IRS tax-exemption ruling in December 2021, 5 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, Lake County Senior Citizens Association reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $279k to $1.3m (+367%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lake County Senior Citizens Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include New Leash on Life USA ($1.3m), PCRM Clinic ($1.3m) and Young Womens Christian Association of Northwest Indiana Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Other salaries and wages came to $523k. At year end it held assets of $512k against liabilities of $33k, net assets of $478k. It reported 21 employees.