Random Lake Education Foundation Inc

Analysis

Random Lake Education Foundation Inc is a registered charity in United States, based in Random Lake, WI. It received its IRS tax-exemption ruling in December 2012, 14 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, Random Lake Education Foundation Inc reported income of $101k and spending of $121k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $318k to $101k (-68%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Random Lake Education Foundation Inc 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 37th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Baku Research Institute ($101k), R J Reynolds High School Booster Club Inc ($101k) and Morristown Public Library ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $548k against liabilities of $0, net assets of $548k.