Lafayette Partners in Education
Analysis
Lafayette Partners in Education is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in January 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Lafayette Partners in Education reported income of $6.3m and spending of $4.4m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $6.3m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 36%. 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, Lafayette Partners in Education sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Fairmount Montessori Association ($6.3m), Capitol Education Foundation ($6.3m) and TKJ by His Grace Ministries Inc ($6.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $148k (3.4% of expenses). Other salaries and wages came to $74k. At year end it held assets of $5.8m against liabilities of $378k, net assets of $5.4m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fairmount Montessori Association | Cleveland HTS | $6.3m |
| Capitol Education Foundation | Baton Rouge | $6.3m |
| TKJ by His Grace Ministries Inc | Montgomery | $6.3m |
| Generation Teach Inc | Boston | $6.3m |