Lexington Foundation

Analysis

Lexington Foundation is a registered charity in United States, based in Cypress, CA. It received its IRS tax-exemption ruling in January 2013, 13 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, Lexington Foundation reported income of $79k and spending of $77k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $84k to $79k (-6.7%), an average of -6.7% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lexington Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include St Helens Band Patrons ($79k), Kappa Alpha Psi Jacksonville Foundation Inc ($79k) and Rotary Club of Lakeway-Lake Travis Foundation Inc ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.