Lamar County Education Foundation Inc

Analysis

Lamar County Education Foundation Inc is a registered charity in United States, based in Hattiesburg, MS. It received its IRS tax-exemption ruling in November 2005, 21 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, Lamar County Education Foundation Inc reported income of $302k and spending of $385k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $360k to $302k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lamar County Education Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within MS. Charities of a similar size with the same main cause include Semi-Therm Educational Foundation ($302k), Northern California Education Foundation ($302k) and Little Disciples Learning Center ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $524k against liabilities of $360, net assets of $523k.