Lane College
Only null% goes to programs Strong reserves Declining revenue
Lane College is a 501(c)(3) organization based in Jackson, Tennessee, registered in 1954, with $25,431,203 in FY2023 revenue. CharityIndex grades it B.
545 Lane Ave, Jackson, TN, 38301 EIN 62-0570060 Since 1954
Revenue (FY2023)
$25.4M
▼ 21.5% vs prior year
Education median: $200K
Expenses (FY2023)
$26.2M
Net assets
$62.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lane College— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating29 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lane College: 29 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lane College— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lane College: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 545 Lane Ave, Jackson, TN, 38301
- City
- Jackson
- State
- Tennessee
- Category
- Education
- Subcategory
- Colleges & Universities
- Website
- …
Financial trends
Revenue declined from $25.6M (FY2013) to $25.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $4.8MNet assets $62.5M
Operating margin
-2.9%
Spent more than it raised in the latest fiscal year.
Total assets
$67.3M
Total liabilities
$4.8M
Net assets
$62.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $25,431,203▼21.5% | $26,163,961▼27.3% | $62,479,287▲6.1% | $67,327,695▲7.7% | 990 |
| 2022 | $32,410,477▼5.0% | $35,998,090▲2.0% | $58,880,848▼5.0% | $62,486,940▼4.8% | 990 |
| 2021 | $34,131,294▼42.3% | $35,286,006▲32.2% | $61,966,190▼3.5% | $65,638,607▼2.2% | 990 |
| 2020 | $59,120,942▲105% | $26,692,166▼3.8% | $64,235,523▲104% | $67,139,615▲11.2% | 990 |
| 2019 | $28,814,382▲3.8% | $27,752,083▲0.7% | $31,544,335▲4.0% | $60,352,385▲3.8% | 990 |
| 2018 | $27,748,010 | $27,553,995▼2.1% | $30,322,302▲0.6% | $58,120,724▲2.3% | 990 |
| 2017 | $27,739,226▲1.3% | $28,134,235▲2.3% | $30,128,287▼0.6% | $56,839,107▼1.8% | 990 |
| 2016 | $27,375,557▲11.2% | $27,499,551▲12.9% | $30,322,213▲1.1% | $57,880,441▼0.8% | 990 |
| 2015 | $24,622,324▲1.7% | $24,361,696▲3.8% | $29,998,578▼2.3% | $58,371,306▼1.0% | 990 |
| 2014 | $24,210,714▼5.6% | $23,463,369▼8.4% | $30,711,779▲2.5% | $58,934,273▲0.4% | 990 |
| 2013 | $25,638,598 | $25,608,759▼0.1% | $29,964,434 | $58,727,242▼1.1% | 990 |
| 2012 | — | $25,640,231▼13.6% | $29,953,065▼1.5% | $59,402,214▼2.5% | 990 |
| 2011 | — | $29,676,351▼30.8% | $30,418,089▲3.1% | $60,947,910▲0.3% | 990 |
| 2010 | — | $42,858,117▲5.3% | $29,491,598▲5.3% | $60,738,789▲3.6% | 990 |
| 2009 | — | $40,718,898 | $28,004,506 | $58,648,456 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $13.6M total
51 grants to Lane College totaling $13.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Negro College Fund Inc | Grants & scholarships, tech assist, area office joint campaign | 2024 | $1,193,235 |
| Educational Credit Management Corporation | Project success, fafsa student support | 2024 | $128,283 |
| Strada Education Foundation Inc | Operating grant | 2024 | $110,177 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,426 |
| United Negro College Fund Inc | Grants & scholarships, tech assist, area office joint campaign | 2023 | $1,846,263 |
| Strada Education Foundation Inc | Operating grant | 2023 | $123,667 |
| Educational Credit Management Corporation | Project success food pantry & active minds | 2023 | $76,000 |
| National Collegiate Athletic Association | Grants | 2023 | $20,641 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $7,000 |
| United Negro College Fund Inc | Grants & scholarships, tech assist, area office joint campaign | 2022 | $1,207,910 |
| Howard Hughes Medical Institute | Inclusive excellence 3 learning community | 2022 | $475,000 |
| Strada Education Foundation Inc | Operating grant | 2022 | $127,133 |
| Ecmc Education Inc | Supply chromebooks for educational use | 2022 | $54,719 |
| National Trust For Historic Preservation In the United States | Historic preservation | 2022 | $50,000 |
| Educational Credit Management Corporation | Project success food pantry | 2022 | $25,000 |
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Frequently asked questions
- Is Lane College a legitimate nonprofit?
- Yes. Lane College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-0570060, based in Jackson, Tennessee. Donations are tax-deductible.
- What is Lane College's EIN?
- Lane College's Employer Identification Number (EIN) is 62-0570060.
- How much revenue does Lane College report?
- Lane College reported $25,431,203 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Lane College have?
- CharityIndex grades Lane College B, based on financial health (reserves and operating margin).
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Data for Lane College (EIN 62-0570060) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.