Lebanon Valley Exposition Corp

Analysis

Lebanon Valley Exposition Corp is a registered charity in United States, based in Lebanon, PA. It received its IRS tax-exemption ruling in March 1973, 53 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, Lebanon Valley Exposition Corp reported income of $1.3m and spending of $885k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $881k to $1.3m (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 179%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lebanon Valley Exposition Corp sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Camp Fire ($1.3m), Nicholas P Sims Library and Lyceum ($1.3m) and Tower Grove Community Development Corporation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 57% of the total. Other salaries and wages came to $263k. At year end it held assets of $6.6m against liabilities of $901k, net assets of $5.7m. It reported 11 employees.