Lourdes Education Foundation

Analysis

Lourdes Education Foundation is a registered charity in United States, based in Scio, OR. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lourdes Education Foundation reported income of $54k and spending of $38k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $13k to $54k (+329%), an average of +329% a year. The sharpest change came in the year to June 2023, when income rose by 329%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lourdes Education Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OR. Charities of a similar size with the same main cause include St Bernards Academy Foundation ($54k), Nooksack Valley Scholarship Foundation ($54k) and Lund University Foundation ($54k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.