Lakewood Christian Schools Foundation
Analysis
Lakewood Christian Schools Foundation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in October 2017, 9 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, Lakewood Christian Schools Foundation reported income of $294k and spending of $298k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $310k to $294k (-5.2%), an average of -5.2% a year. Over the whole period it spent 80% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lakewood Christian Schools Foundation sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Union County Interscholastic Athletic Conference Inc ($294k), Quarry Hill School Inc ($294k) and Garden Nursery School Inc ($294k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Other 30%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Union County Interscholastic Athletic Conference Inc | Bayville | $294k |
| Quarry Hill School Inc | Middlebury | $294k |
| Garden Nursery School Inc | Cambridge | $294k |
| Asnuntuck Community-Technical College Foundatiion Inc | Enfield | $294k |