Lawrence Community Unit School District No 20 Academic Foundation

Analysis

Lawrence Community Unit School District No 20 Academic Foundation is a registered charity in United States, based in Lawrenceville, IL. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lawrence Community Unit School District No 20 Academic Foundation reported income of $184k and spending of $103k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $475k to $184k (-61%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lawrence Community Unit School District No 20 Academic Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($184k), Veritas Classical Christian Academy ($184k) and Sel4ca ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.