Lancaster County Career & Technology Foundation

Analysis

Lancaster County Career & Technology Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in February 2003, 23 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, Lancaster County Career & Technology Foundation reported income of $828k and spending of $563k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $611k to $828k (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lancaster County Career & Technology Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Montessori School of Long Grove Illinois ($828k), Ihanktonwan Community College ($828k) and American Hellenic Institute Foundation Inc ($828k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $54k (9.7% of expenses). At year end it held assets of $1.0m against liabilities of $541, net assets of $1.0m. It reported 1 employees.