Lorien Wood
Analysis
Lorien Wood is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Lorien Wood reported income of $1.3m and spending of $1.4m, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.5m to $1.3m (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lorien Wood sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Golden Key International Honour Society Inc ($1.3m), Kor Education School ($1.3m) and Little Fountains of Light ($1.3m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $105k (7.5% of expenses). Other salaries and wages came to $820k. At year end it held assets of $905k against liabilities of $38k, net assets of $867k. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.9%
- Program services 98%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Golden Key International Honour Society Inc | Atlanta | $1.3m |
| Kor Education School | College Sta | $1.3m |
| Little Fountains of Light | Jacksonville | $1.3m |
| Blue Adobe Project | Tucson | $1.3m |