Education Foundation for Lockhart Isd

Analysis

Education Foundation for Lockhart Isd is a registered charity in United States, based in Lockhart, TX. It received its IRS tax-exemption ruling in July 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 June 2024, Education Foundation for Lockhart Isd reported income of $298k and spending of $205k, leaving 31% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $160k to $298k (+86%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 64%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Foundation for Lockhart Isd sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Giving Tree School Inc ($298k), Port Arthur Higher Education Foundation Inc ($298k) and Yamei Academy of Excellence ($298k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% of the total. At year end it held assets of $397k against liabilities of $0, net assets of $397k.