West Lafayette Schools Eductionfoundation Inc
Analysis
West Lafayette Schools Eductionfoundation Inc is a registered charity in United States, based in W Lafayette, IN. 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 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, West Lafayette Schools Eductionfoundation Inc reported income of $504k and spending of $214k, leaving 58% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.6m to $504k (-69%), an average of -21% a year. The sharpest change came in the year to June 2020, when income dropped by 74%. Over the whole period it spent 38% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, West Lafayette Schools Eductionfoundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Skilled Nursing Development Institute Inc ($504k), Brainerd Memorial Library Association Inc ($504k) and Collegiate Empowerment Company Inc ($504k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $72k (34% of expenses). Other salaries and wages came to $4,207. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Other 23%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Skilled Nursing Development Institute Inc | Howell | $504k |
| Brainerd Memorial Library Association Inc | Haddam | $504k |
| Collegiate Empowerment Company Inc | Easton | $504k |
| St James School District Foundation | Saint James | $504k |