Lakeside Lutheran Foundation Inc

Analysis

Lakeside Lutheran Foundation Inc is a registered charity in United States, based in Lake Mills, WI. It received its IRS tax-exemption ruling in March 1989, 37 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 May 2024, Lakeside Lutheran Foundation Inc reported income of $262k and spending of $90k, leaving 66% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $90k to $262k (+192%), an average of +31% a year. The sharpest change came in the year to May 2021, when income rose by 349%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeside Lutheran Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include Chaparral Association of Parents and Educators for Students ($262k), Lincoln Park Auxillary Booster Club ($262k) and Friends of Outdoor School ($262k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 11% of the total. At year end it held assets of $2.5m against liabilities of $526k, net assets of $2.0m.