De Lasting Purpose Foundation

Analysis

De Lasting Purpose Foundation is a registered charity in United States, based in Blackshear, GA. It received its IRS tax-exemption ruling in February 2024, 2 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, De Lasting Purpose Foundation reported income of $267k and spending of $261k, spending 98% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $250k to $267k (+6.8%), an average of +6.8% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, De Lasting Purpose Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Frank Chapman Memorial Institute Inc ($267k), Jenny Lynn Elementary of Pennsylvania ($267k) and Country Day School Headmasters ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $4,000 (1.5% of expenses). At year end it held assets of $108k against liabilities of $0, net assets of $108k.