Lone Star Education FDN

Analysis

Lone Star Education FDN is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, Lone Star Education FDN reported income of $66k and spending of $87k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $66k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lone Star Education FDN sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include National Association of Corporate Directors ($66k), Lake Stevens Rotary Charitable Foundation ($66k) and Valley Center School District Education Foundation ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.