LA Guardia Education Fund Incorporated

Analysis

LA Guardia Education Fund Incorporated is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, LA Guardia Education Fund Incorporated reported income of $226k and spending of $214k, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.1m to $226k (-79%), an average of -27% a year. The sharpest change came in the year to June 2020, when income dropped by 55%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Guardia Education Fund Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Moultrie Middle School PTO ($226k), Iowa Skilled Trades ($226k) and Taylor County Fair Association Inc ($226k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 70% of the total. At year end it held assets of $1.9m against liabilities of $5,399, net assets of $1.9m.