Housing & Shelter
(L20Z)
IRS Verified
DX Registered
990 on File
LAKE AREA HELPING HANDS INC
Financial strength (30%)
73/100
Reliability (20%)
55/100
Effectiveness (25%)
23/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$63K
Total Revenue
$72K
Total Expenses
$85K
Net Assets
N/A
Employees
Revenue Sources
Program Expense Ratio
N/A
Fundraising Efficiency
N/A
Operating Reserve
14.10x
Liability-to-Asset
7.8%
Revenue Diversification
98.9%
Compared with Peers
FY 2023
Compared with 3,196 similar organizations
(United States, Housing & Shelter, under $100K in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.1 mo | 37.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.8% | 3.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.9% | 99.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
0.8% | 0.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
21.6% | -0.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-13.7% | 5.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $63K | $72K | $85K | — | — |
| 2022 | $63K | $59K | $179K | 0.0% | — |
| 2021 | $124K | $53K | N/A | — | 1 |
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