Lebanon Schools Foundation

Analysis

Lebanon Schools Foundation is a registered charity in United States, based in Lebanon, OR. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lebanon Schools Foundation reported income of $145k and spending of $83k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $217k to $145k (-33%), an average of -9.5% a year. The sharpest change came in the year to June 2022, when income rose by 97%. 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, Lebanon Schools Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OR. Charities of a similar size with the same main cause include Northeastern Woodworkers Association Inc ($145k), Kenosha Literacy Council Inc ($145k) and Pennsylvania Pharmacists Association Educational Foundation ($145k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 6.8% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.