Lambertville Education Foundation Inc

Analysis

Lambertville Education Foundation Inc is a registered charity in United States, based in Lambertville, NJ. It received its IRS tax-exemption ruling in December 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 (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 2023, Lambertville Education Foundation Inc reported income of $56k and spending of $25k, leaving 55% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $59k to $56k (-5.7%), an average of -5.7% a year. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lambertville Education Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 29th percentile within NJ. Charities of a similar size with the same main cause include Oshkosh West Booster Club Inc ($56k), Central Little School Inc ($56k) and Greek Neighborhood Association of Stillwater Oklahoma Incorporated ($56k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.