LA Porte Education Foundation

Analysis

LA Porte Education Foundation is a registered charity in United States, based in LA Porte, TX. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, LA Porte Education Foundation reported income of $389k and spending of $409k, spending 105% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $250k to $389k (+56%), an average of +12% a year. The sharpest change came in the year to July 2023, when income rose by 31%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Porte Education 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 Northeast Arkansas Charitable Foundation Inc ($389k), Delavan Aram Public Library Foundation Inc ($389k) and Battlefield High School Athletic Booster Club ($389k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 51% and program service revenue 43% of the total. Other salaries and wages came to $107k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.

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.