K-12 Foundation for Lake Havasu Unified School District 1

Analysis

K-12 Foundation for Lake Havasu Unified School District 1 is a registered charity in United States, based in LK Havasu Cty, AZ. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, K-12 Foundation for Lake Havasu Unified School District 1 reported income of $115k and spending of $70k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $115k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, K-12 Foundation for Lake Havasu Unified School District 1 sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within AZ. Charities of a similar size with the same main cause include P 4 Ministries ($115k), Mitchell Community Scholarship Fund Inc ($115k) and Lost Dunes Memorial Scholarship Fund ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.