Lakewood High School Foundation

Analysis

Lakewood High School Foundation is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in March 2006, 20 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, Lakewood High School Foundation reported income of $87k and spending of $282k, spending 326% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $676k to $87k (-87%), an average of -87% a year. The sharpest change came in the year to December 2023, when income dropped by 87%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakewood High School Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include F a C E S Northwest ($87k), Placentia Library Friends Foundation ($87k) and Davison Educational Foundation ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $462k against liabilities of $578, net assets of $461k.