Lebanon Educational Foundation Inc

Analysis

Lebanon Educational Foundation Inc is a registered charity in United States, based in Lebanon, IN. It received its IRS tax-exemption ruling in December 1990, 36 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Lebanon Educational Foundation Inc reported income of $248k and spending of $191k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $248k (+109%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 243%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lebanon Educational Foundation Inc 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 58th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include Zuckerman Klein Family Support Foundation ($248k), The Timothy J Piazza Memorial Foundation Inc ($248k) and Off the Field ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Other salaries and wages came to $16k. At year end it held assets of $1.4m against liabilities of -$2,884, net assets of $1.4m. It reported 1 employees.