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Louisa Education Foundation

RegisteredEIN 27-1225131Louisa, VAEducation and training
Income$104k2023-06
Spending$86ksame year
Spent / received71%2-year average
Size in its cause40th pctEducation and training
Exempt since2010Publicly supported organisat
Employees–latest return

Analysis

Louisa Education Foundation is a registered charity in United States, based in Louisa, VA. It received its IRS tax-exemption ruling in April 2010, 16 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 2023, Louisa Education Foundation reported income of $104k and spending of $86k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $69k to $104k (+51%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Louisa Education Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Corner Post Media ($104k), Literacy Volunteers of Cayuga County Inc ($104k) and Tsing Hua Alumni Association Inc ($104k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $227k against liabilities of $47k, net assets of $180k.

Income and spending

$0$26k$52k$78k$104k2022 Income: $68,9522022 Spending: $36,88620222023 Income: $104,2482023 Spending: $86,2172023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Other 8.0%

Similar-sized charities, same cause

CharityLocationIncome
Corner Post MediaEscalante$104k
Literacy Volunteers of Cayuga County IncAuburn$104k
Tsing Hua Alumni Association IncNew York$104k
10 Billion StrongPortola Vally$104k