Lee County Educational Foundation

Analysis

Lee County Educational Foundation is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in December 2003, 23 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 December 2023, Lee County Educational Foundation reported income of $185k and spending of $214k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $185k (+193%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lee County Educational Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Cardio Facio Cutaneous International Inc ($185k), Park Hill Parents Day Out ($185k) and Northeast Missouri Area Health Education Center Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.