Lawrence County Independent Schools

Analysis

Lawrence County Independent Schools is a registered charity in United States, based in Bedford, IN. It received its IRS tax-exemption ruling in August 2020, 6 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 June 2023, Lawrence County Independent Schools reported income of $3.7m and spending of $3.5m, spending 94% of its income. Across the 3 years on record, from December 2021 to June 2023, income grew from $2.4m to $3.7m (+56%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lawrence County Independent Schools sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Massachusetts Afterschoolpartnership Inc ($3.7m), St Vrain Community Montessori School ($3.7m) and Pinellas Education Organization Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $2.7m against liabilities of $1.5m, net assets of $1.1m. It reported 73 employees.