Lehtonen Family Foundation

Analysis

Lehtonen Family Foundation is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lehtonen Family Foundation reported income of $179k and spending of $181k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $179k (+334%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 311%. Over the whole period it spent 138% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lehtonen Family Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Burnsville Rotary Foundation ($179k), Urology Health Foundation ($179k) and Kapadia Education Foundation Inc ($179k).

At year end it held assets of $6.3m against liabilities of $0, net assets of $6.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.