Lubbock-Cooper Scholarship Foundation

Analysis

Lubbock-Cooper Scholarship Foundation is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Lubbock-Cooper Scholarship Foundation reported income of $185k and spending of $274k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $217k to $185k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income rose by 163%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lubbock-Cooper Scholarship Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include World Research Foundation ($185k), 3 for the Love ($185k) and Ladies Leukemia League Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 209% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.