Venture Lititz

Analysis

Venture Lititz is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Venture Lititz reported income of $186k and spending of $114k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $186k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Venture Lititz sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Irish Restoration Association Inc ($186k), Manitou Springs Historical Society ($186k) and Bourbon Capital Community Alliance Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. Compensation of current officers, directors and key employees was $68k (59% of expenses). At year end it held assets of $494k against liabilities of $255k, net assets of $239k. It reported 1 employees.