Lindale I S D Education Foundation Inc

Analysis

Lindale I S D Education Foundation Inc is a registered charity in United States, based in Lindale, TX. 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 December 2023, Lindale I S D Education Foundation Inc reported income of $114k and spending of $72k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $114k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lindale I S D Education Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Optimist Club Foundation of Point Loma ($114k), Friends of Paradis Des Indiens Inc ($114k) and Hand of Mercy ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $34k (47% of expenses). At year end it held assets of $795k against liabilities of $0, net assets of $795k.