Central Lee Community School District Foundation

Analysis

Central Lee Community School District Foundation is a registered charity in United States, based in Montrose, IA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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, Central Lee Community School District Foundation reported income of $140k and spending of $95k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $58k to $140k (+142%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 303%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Lee Community School District Foundation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within IA. Charities of a similar size with the same main cause include Hellenic Womens Club Inc ($140k), Templeton Educational Foundation ($140k) and West Central Christian Service Camp ($140k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.