Langston Foundation Inc

Analysis

Langston Foundation Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in June 2009, 17 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, Langston Foundation Inc reported income of $573k and spending of $295k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $611k to $573k (-6.2%), an average of -1.6% a year. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Langston Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include G K Chesterton Academy of the Willamette Valley ($572k), Pearl Blau Learning Center Inc ($573k) and American Employment Law Council Inc ($572k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 57% of the total. At year end it held assets of $5.5m against liabilities of $2.3m, net assets of $3.2m.