Lanaar Elementary School Inc

Analysis

Lanaar Elementary School Inc is a registered charity in United States, based in N Miami Beach, FL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lanaar Elementary School Inc reported income of $4.1m and spending of $2.9m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $481k to $4.1m (+750%), an average of +71% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lanaar Elementary School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include The Academy for Urban Scholars Youngstown ($4.1m), Maria Montessori Charter Academy ($4.1m) and The Orthopaedic Learning Center ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $907k. At year end it held assets of $1.9m against liabilities of $68k, net assets of $1.8m. It reported 27 employees.