Lexington County School District One Educational Foundation

Analysis

Lexington County School District One Educational Foundation is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lexington County School District One Educational Foundation reported income of $414k and spending of $335k, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $335k to $414k (+23%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lexington County School District One Educational Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include South Walton Beaches Wine and Food Festival Inc ($414k), United Way of Eastern Lasalle County Inc ($414k) and Washington Community School District Foundation ($414k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 9.0% of the total. Other salaries and wages came to $66k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.