Lila Foundation

Analysis

Lila Foundation is a registered charity in United States, based in Forest Lake, MN. It received its IRS tax-exemption ruling in September 2008, 18 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, Lila Foundation reported income of $76k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $89k to $76k (-14%), an average of -14% a year. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lila Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Westhill Central School District Educational Foundation Inc ($76k), Maquoketa Athletic Boosters Inc ($76k) and Hanover Permanent Scholarship Fund Inc ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $447k against liabilities of $0, net assets of $447k.