LAKE HOSPITAL FOUNDATION INC

CONCORD TWP, OH, 44077-9176 (440) 354-1900 Est. 1983 EIN 34-1425872
E22I - Health Care 990 - Public charity return 501(c)(3)
www.lakehealth.org

Mission

SUPPORT AND ASSIST LAKE HOSPITAL SYSTEM, INC. IN ITS EFFORTS TO SERVE THE NEEDS OF LAKE COUNTY RESIDENTS AND ITS SURROUNDING COMMUNITIES BY PROVIDING FUNDING FOR ENHANCED OR ADDITIONAL PROGRAMS THAT OTHERWISE MIGHT NOT BE AVAILABLE.

Giving Portfolio

Total Grants
9
Total Giving
$6.3M
Recipients
6
Years Active
2018 - 2024
Avg grant: $812,822 Median: $803,364

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$953K $953K01
20231$482K $482K01
20221$654K $654K01
20204$1.9M $483K01
20191$1.1M $1.1M01
20181$1.2M $1.2M10

Sectors Funded

Health Care
9

Top States

Ohio
9

Grantee Size Profile

Over $50M
9

Top Grantees

Grants Awarded · 9 grants

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Financials

Total Revenue
$1,358,100
Total Expenses
$1,151,737
Net Assets
$19,696,600
8 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 60.1%
Expenses ↑ 31.6%
Revenue Sources
Contributions 29.6% Investment 70.4%
Expense Breakdown
Program 98.8% Management 1.2%

Officers & Trustees (18)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$1,358,100 ↑$1,151,737$19,696,600
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$848,068 ↑$875,147$18,227,960
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$688,702 ↓$1,047,073$16,506,616
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$5,134,598 ↑$2,486,162$15,776,532
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$1,209,404 ↓$1,557,951$14,206,593
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$1,895,585 $1,737,697$12,356,002

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EIN: 34-1425872 · Source: IRS Form 990 e-file data