Lake Shore Foundation for Educational Excellence

Analysis

Lake Shore Foundation for Educational Excellence is a registered charity in United States, based in St CLR Shores, MI. It received its IRS tax-exemption ruling in November 1987, 39 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 2024, Lake Shore Foundation for Educational Excellence reported income of $51k and spending of $96k, spending 189% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $56k to $51k (-9.6%), an average of -9.6% a year. Over the whole period it spent 132% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Shore Foundation for Educational Excellence sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within MI. Charities of a similar size with the same main cause include New Opportunity School for Women Foundation ($51k), Millennium Kids Parents Association ($51k) and Friends of the Haley ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.