Louisa Education Foundation
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
Where the income comes from
- Contributions & grants 92%
- Other 8.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Corner Post Media | Escalante | $104k |
| Literacy Volunteers of Cayuga County Inc | Auburn | $104k |
| Tsing Hua Alumni Association Inc | New York | $104k |
| 10 Billion Strong | Portola Vally | $104k |