Longview I S D Foundation Inc

Analysis

Longview I S D Foundation Inc is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in October 1994, 32 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, Longview I S D Foundation Inc reported income of $117k and spending of $82k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $117k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Longview I S D Foundation Inc 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 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include George Ranch High School Athletic Booster Club ($117k), Lakota East Upbeat Club ($117k) and Association of Literacy Educators and Researchers ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $24k (29% of expenses). At year end it held assets of $730k against liabilities of $38, net assets of $730k.