Lexington One School Facilities Corporation

Analysis

Lexington One School Facilities Corporation is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in August 2006, 20 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, Lexington One School Facilities Corporation reported income of $6.1m and spending of $1.6m, leaving 73% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $6.1m to $6.1m (-0.2%), an average of -0.1% a year. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lexington One School Facilities Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within SC. Charities of a similar size with the same main cause include Manhattan Christian College Inc ($6.1m), Gods Bible School College and Missionary Training Home ($6.1m) and Southeastern Louisiana University Foundation ($6.1m).

At year end it held assets of $73.0m against liabilities of $42.2m, net assets of $30.8m.