Papillion Lavista Schools Foundation

Analysis

Papillion Lavista Schools Foundation is a registered charity in United States, based in Papillion, NE. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Papillion Lavista Schools Foundation reported income of $7.7m and spending of $4.9m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $7.7m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Papillion Lavista Schools Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within NE. Charities of a similar size with the same main cause include DC Hebrew Language Charter School ($7.7m), Wisconsin Montessori Society Inc ($7.7m) and Knova Learning Oregon ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $189k (3.8% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $14.0m against liabilities of $285k, net assets of $13.7m. It reported 215 employees.