Lakeland Union High School District Foundation Inc

Analysis

Lakeland Union High School District Foundation Inc is a registered charity in United States, based in Minocqua, WI. It received its IRS tax-exemption ruling in October 2016, 10 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, Lakeland Union High School District Foundation Inc reported income of $76k and spending of $23k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $192k to $76k (-60%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeland Union High School District Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within WI. Charities of a similar size with the same main cause include Mercy Crew Inc ($76k), Roving Volunteers in Christs Service Incorporated ($76k) and Sinclairville Free Library ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $366k against liabilities of $0, net assets of $366k.