Lees College Inc

Analysis

Lees College Inc is a registered charity in United States, based in Jackson, KY. It received its IRS tax-exemption ruling in April 1950, 76 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Lees College Inc reported income of $453k and spending of $278k, leaving 39% of income unspent that year. Across the 3 years on record, from June 2019 to June 2021, income grew from $391k to $453k (+16%), an average of +7.7% a year. The sharpest change came in the year to June 2020, when income rose by 97%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lees College Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include Anthem Classical Academy ($453k), Level Up Cincinnati ($454k) and New York City Tourism Foundation Inc ($453k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 2.0% of the total. At year end it held assets of $9.2m against liabilities of $0, net assets of $9.2m.