Lawrence Township Education Foundation Inc

Analysis

Lawrence Township Education Foundation Inc is a registered charity in United States, based in Lawrenceville, NJ. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lawrence Township Education Foundation Inc reported income of $210k and spending of $181k, spending 86% of its income. Across the 5 years on record, from September 2019 to June 2023, income fell from $301k to $210k (-30%), an average of -8.6% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lawrence Township Education Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Oakleaf Endownment TR for the Blake School ($210k), Hands on Orlando Inc ($210k) and A Chance for Therapy Inc ($210k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $52k. At year end it held assets of $375k against liabilities of $34k, net assets of $341k. It reported 1 employees.