Lehman Foundation

Analysis

Lehman Foundation is a registered charity in United States, based in Sidney, OH. It received its IRS tax-exemption ruling in July 1979, 47 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, Lehman Foundation reported income of $651k and spending of $73k, leaving 89% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $323k to $651k (+102%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 256%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lehman Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Causeys Learning Center ($651k), Suffolk County Chapter of the New York State School Facilities Assoc ($651k) and Compass Academy Network Inc ($651k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.