Lake Forest High School Foundation

Analysis

Lake Forest High School Foundation is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in February 2003, 23 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 2024, Lake Forest High School Foundation reported income of $174k and spending of $65k, leaving 63% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $211k to $174k (-17%), an average of -9.0% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Forest High School Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include The Graduate Student Government of the University of Maine ($174k), Northwest Medical Center Medical Staff Inc ($174k) and National Conference of State Fleet Administrators Inc ($174k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $413k against liabilities of $0, net assets of $413k.