Lourdes Foundation Inc

Analysis

Lourdes Foundation Inc is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lourdes Foundation Inc reported income of $534k and spending of $749k, spending 140% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $557k to $534k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 191%. Over the whole period it spent 146% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lourdes Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include William a Hough Senior High School Athletic Booster Club ($534k), Brooklyn Book Festival Inc ($535k) and First Congregational Church Nursery School ($534k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $4.0m against liabilities of $856k, net assets of $3.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.