Lakeshore Technical College Foundation Inc

Analysis

Lakeshore Technical College Foundation Inc is a registered charity in United States, based in Cleveland, WI. It received its IRS tax-exemption ruling in May 1977, 49 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 2023, Lakeshore Technical College Foundation Inc reported income of $852k and spending of $3.0m, spending 348% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $917k to $852k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 269%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeshore Technical College Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Ea Foundation of Ny Inc ($852k), Prim N Proper Inc ($852k) and Bentonville Parent Teacher Organization Inc ($852k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 5.4% of the total. At year end it held assets of $4.9m against liabilities of $883k, net assets of $4.0m.