The Conference at LV

Analysis

The Conference at LV is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in April 1976, 50 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Conference at LV reported income of $6.3m and spending of $6.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $6.3m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Conference at LV sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($6.3m), York County Council on Alcohol and Drug Abuse Inc ($6.3m) and BSW Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $120k (1.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.9m against liabilities of $2.4m, net assets of $2.5m. It reported 62 employees.