Louisville Winston Educational Foundation Inc

Analysis

Louisville Winston Educational Foundation Inc is a registered charity in United States, based in Louisville, MS. It received its IRS tax-exemption ruling in January 2004, 22 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, Louisville Winston Educational Foundation Inc reported income of $1.9m and spending of $2.2m, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $1.9m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2024, when income dropped by 25%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Louisville Winston Educational Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within MS. Charities of a similar size with the same main cause include Oraysa Inc ($1.9m), Challenge Success ($1.9m) and Harbour School Foundation Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.5m against liabilities of $414k, net assets of $1.0m. It reported 41 employees.