L-S Community Education Foundation

Analysis

L-S Community Education Foundation is a registered charity in United States, based in Sully, IA. It received its IRS tax-exemption ruling in August 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, L-S Community Education Foundation reported income of $109k and spending of $90k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $109k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, L-S Community Education Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within IA. Charities of a similar size with the same main cause include Friends of the Esthervile Public Library ($109k), Glencoe Band and Color Guard Boosters ($109k) and Ispe Boston Area Chapter Scholarship Foundation Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 29% of the total. At year end it held assets of $344k against liabilities of $0, net assets of $344k.