Four Lakes Education Inc

Analysis

Four Lakes Education Inc is a registered charity in United States, based in McFarland, WI. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Four Lakes Education Inc reported income of $36.0m and spending of $37.1m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.1m to $36.0m (+98%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Four Lakes Education Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Hiram College ($36.0m), Alpha Public Schools Inc ($36.0m) and Ramah Navajo School Board Inc ($35.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $16k (0.0% of expenses). At year end it held assets of $21.2m against liabilities of $15.2m, net assets of $6.0m.