Lititz Springs Park Inc

Analysis

Lititz Springs Park Inc is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in October 1958, 68 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Lititz Springs Park Inc reported income of $314k and spending of $311k, spending 99% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $168k to $314k (+88%), an average of +17% a year. The sharpest change came in the year to November 2021, when income rose by 83%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lititz Springs Park Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Southern Nevada Sports Hall of Fame Foundation Inc ($314k), Tri Yoga International ($314k) and Fleming Island Athletic Association Inc ($314k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 58% of the total. Other salaries and wages came to $62k. At year end it held assets of $1.8m against liabilities of $511, net assets of $1.8m. It reported 6 employees.