Launching Educational Assistance Programs Forward Inc

Analysis

Launching Educational Assistance Programs Forward Inc is a registered charity in United States, based in PRNC Frederck, MD. It received its IRS tax-exemption ruling in July 2001, 25 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, Launching Educational Assistance Programs Forward Inc reported income of $108k and spending of $106k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $112k to $108k (-3.5%), an average of -0.9% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Launching Educational Assistance Programs Forward Inc 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 40th percentile within MD. Charities of a similar size with the same main cause include North Glendale PTO ($108k), Future Kids of America ($108k) and Rockbridge Regional Library Foundation ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.9% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.