LDL Educational Resources Foundation

Analysis

LDL Educational Resources Foundation is a registered charity in United States, based in Glen Rose, TX. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, LDL Educational Resources Foundation reported income of $390k and spending of $274k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $472k to $390k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LDL Educational Resources Foundation sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Ok Cheer and Sports Booster Club ($390k), Technology Laboratory and Professional Development Center ($390k) and Oak School Parent Organization ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% of the total. Other salaries and wages came to $116k. At year end it held assets of $1.1m against liabilities of $8,793, net assets of $1.0m. It reported 15 employees.