Lancaster County Academy

Analysis

Lancaster County Academy is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lancaster County Academy reported income of $476k and spending of $429k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $379k to $476k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lancaster County Academy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Adlerian School Association Inc ($476k), Warren Alvarado Oslo Public School Education Foundation ($476k) and Licking Valley College Development Corporation Inc ($476k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $103k (24% of expenses). Other salaries and wages came to $196k. At year end it held assets of $388k against liabilities of $434k, net assets of -$45k. It reported 18 employees.