Lyndon Baines Johnson Foundation

Analysis

Lyndon Baines Johnson Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1970, 56 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 August 2023, Lyndon Baines Johnson Foundation reported income of $26.6m and spending of $7.7m, leaving 71% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $12.3m to $26.6m (+115%), an average of +21% a year. The sharpest change came in the year to August 2023, when income rose by 109%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lyndon Baines Johnson Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Valor Texas Education Foundation ($26.5m), Natomas Charter School ($26.6m) and Empowerment Academy Charter School Inc ($26.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 50% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $870k (11% of expenses). Other salaries and wages came to $626k. At year end it held assets of $265.9m against liabilities of $235k, net assets of $265.7m. It reported 47 employees.