Lawson State Community College Foundation Inc

Analysis

Lawson State Community College Foundation Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 1981, 45 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 September 2023, Lawson State Community College Foundation Inc reported income of $134k and spending of $112k, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $102k to $134k (+31%), an average of +7.0% a year. The sharpest change came in the year to September 2022, when income rose by 579%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lawson State Community College Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AL. Charities of a similar size with the same main cause include U S a International Harp Competition Inc ($134k), CBC Community Foundation ($134k) and PTA New Jersey Congress of Parents & Teachers ($134k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. At year end it held assets of $1.0m against liabilities of $1,173, net assets of $1.0m.