LAKE WALES CARE CENTER INC

LAKE WALES, FL, 33853-4124 (863) 676-6678 Est. 1980 EIN 59-2015847

990 - Public charity return 501(c)(3)

Mission

LAKE WALES CARE CENTER, INC. IS A FAITH BASED COMMUNITY SERVICE ORGANIZATION WHICH DEMONSTRATES CHRIST'S LOVE BY BUILDING BRIDGES BETWEEN PEOPLE IN NEED AND PEOPLE WITH A DESIRE TO SERVE.

Financials

Total Revenue

$3,102,683

Total Expenses

$3,642,032

Net Assets

$11,527,175

141 employees

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

3.2 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 3.3%

Expenses ↑ 4.4%

Revenue Sources

Contributions 59.6% Earned revenue 6.1% Investment 0.6% Other 34.0%

Expense Breakdown

Program 91.1% Management 8.5% Fundraising 0.4%

Officers & Key Employees (25)

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Grants Received (79)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$3,102,683 ↓	$3,642,032	$11,527,175
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$3,207,494 ↑	$3,489,799	$10,303,243
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$3,023,772 ↓	$3,121,859	$9,775,795
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$3,663,098 ↓	$2,606,033	$10,814,188
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$3,912,574 ↑	$3,169,791	$9,053,884
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$2,322,891	$2,086,632	$7,360,277