Lancaster Medical Heritage Museum

Analysis

Lancaster Medical Heritage Museum is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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, Lancaster Medical Heritage Museum reported income of $109k and spending of $93k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $109k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lancaster Medical Heritage Museum sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Urbanna Oyster Festival Foundation ($109k), Mackinac Economic Alliance ($109k) and Bexley Music Parents ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 8.6% of the total. At year end it held assets of $319k against liabilities of $0, net assets of $319k.