Lakewood Rangers Education Foundation

Analysis

Lakewood Rangers Education Foundation is a registered charity in United States, based in Lakewood, OH. It received its IRS tax-exemption ruling in March 2015, 11 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 2023, Lakewood Rangers Education Foundation reported income of $318k and spending of $232k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $204k to $318k (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 488%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakewood Rangers Education Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Phoenix Learning Academy ($318k), Troy High Band Boosters ($318k) and Lititz Regional Community Development Corporation ($318k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% of the total. Other salaries and wages came to $77k. At year end it held assets of $2.3m against liabilities of $242k, net assets of $2.1m. It reported 3 employees.