Lawton Enhancement Trust Authority

Analysis

Lawton Enhancement Trust Authority is a registered charity in United States, based in Lawton, OK. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Lawton Enhancement Trust Authority reported income of $406k and spending of $1.4m, spending 333% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $470k to $406k (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2023, when income dropped by 43%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lawton Enhancement Trust Authority sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within OK. Charities of a similar size with the same main cause include Mineola Civic Center Inc ($406k), Southern Maine Workers Center ($407k) and Coastal Police Chaplaincy ($406k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $694k against liabilities of $69k, net assets of $625k.