North Lamar Education Foundation

Analysis

North Lamar Education Foundation is a registered charity in United States, based in Paris, TX. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, North Lamar Education Foundation reported income of $55k and spending of $23k, leaving 59% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $44k to $55k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2023, when income rose by 169%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Lamar Education Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Solanco Meals on Wheels ($55k), Manyu State Refugee Fund ($55k) and Cherry Gardens Inc ($55k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% of the total. At year end it held assets of $1.2m against liabilities of $25k, net assets of $1.2m.