Lincoln-Way High School Foundation for Educational Excellence Inc

Analysis

Lincoln-Way High School Foundation for Educational Excellence Inc is a registered charity in United States, based in New Lenox, IL. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lincoln-Way High School Foundation for Educational Excellence Inc reported income of $225k and spending of $86k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $225k (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln-Way High School Foundation for Educational Excellence Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include American Simmental-Simbrah Foundation Inc ($225k), Ewha Educational Foundation Inc ($225k) and John Paul II Polish Supplementary School of Maspeth Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. Compensation of current officers, directors and key employees was $5,500 (6.4% of expenses). At year end it held assets of $244k against liabilities of $14k, net assets of $230k. It reported 2 employees.