Lafayette School Inc

Analysis

Lafayette School Inc is a registered charity in United States, based in Troy, VA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Lafayette School Inc reported income of $804k and spending of $677k, spending 84% of its income. Across the 3 years on record, from June 2019 to June 2021, income fell from $979k to $804k (-18%), an average of -9.3% a year. The sharpest change came in the year to June 2020, when income dropped by 41%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lafayette School Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Emmaus Respite and Resource Center Inc ($804k), Angel Investor Foundation ($805k) and Playtime Corporation ($804k).

On its Form 990 for the period ending June 2021, revenue came from program service revenue 100% of the total. Other salaries and wages came to $298k. At year end it held assets of $301k against liabilities of $9,000, net assets of $292k. It reported 16 employees.