Lancaster Education Foundation

Analysis

Lancaster Education Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Lancaster Education Foundation reported income of $655k and spending of $792k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $655k (-52%), an average of -17% a year. The sharpest change came in the year to June 2020, when income dropped by 61%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lancaster Education Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Saint Sophia Hellenic Orthodox ($655k), Florence-Darlington Technical College Foundation Inc ($655k) and Literacy Suffolk Inc ($655k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $113k. At year end it held assets of $2.0m against liabilities of $875, net assets of $2.0m. It reported 4 employees.