League of Women Voters Education Fund

Analysis

League of Women Voters Education Fund is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in September 1959, 67 years ago. 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, League of Women Voters Education Fund reported income of $6.9m and spending of $7.4m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $6.9m (+84%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 59%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, League of Women Voters Education Fund sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IA. Charities of a similar size with the same main cause include International Association of Assessing Officers ($6.9m), Foundation for American Freedom ($7.0m) and Abilities Inc ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $266k (3.6% of expenses). Other salaries and wages came to $2.4m. It paid $150k in professional fundraising fees. At year end it held assets of $12.0m against liabilities of $1.8m, net assets of $10.2m.