Foundation for Special Education District of Lake County

Analysis

Foundation for Special Education District of Lake County is a registered charity in United States, based in Gages Lake, IL. It received its IRS tax-exemption ruling in February 1992, 34 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 December 2023, Foundation for Special Education District of Lake County reported income of $487k and spending of $446k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $487k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Special Education District of Lake County sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Edgecombe Community College Foundation Inc ($487k), Compass Outreach and Education Center Inc ($487k) and Family Christian School ($487k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 121% of the total. Other salaries and wages came to $108k. At year end it held assets of $937k against liabilities of $10k, net assets of $927k. It reported 2 employees.