Lasalle School Foundation

Analysis

Lasalle School Foundation is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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 2023, Lasalle School Foundation reported income of $1.0m and spending of $346k, leaving 66% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $215k to $1.0m (+377%), an average of +48% a year. The sharpest change came in the year to June 2020, when income rose by 133%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lasalle School Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Catholic Charities of North Louisiana ($1.0m), Economic Progress Institute ($1.0m) and Liberty Fellowship of South Carolina ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $5.2m against liabilities of $34k, net assets of $5.2m.