L&e Rodney Foundation International Inc

Analysis

L&e Rodney Foundation International Inc is a registered charity in United States, based in Fulshear, TX. It received its IRS tax-exemption ruling in June 2022, 4 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, L&e Rodney Foundation International Inc reported income of $57k and spending of $31k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $57k (-1.4%), an average of -1.4% a year. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, L&e Rodney Foundation International Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include White Hall Elementary PTO ($57k), Shsu Charter School at Brighton Academy PTO ($57k) and Burlington Educational Foundation Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.