Building and Supporting Entrepreneurship of Se Lancaster

Analysis

Building and Supporting Entrepreneurship of Se Lancaster is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Building and Supporting Entrepreneurship of Se Lancaster reported income of $497k and spending of $441k, spending 89% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $296k to $497k (+68%), an average of +68% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Building and Supporting Entrepreneurship of Se Lancaster 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 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include McClouds Computer & Skills Training Center Inc ($497k), Cristo Rey Research Triangle Corporate Work Study Program Inc ($497k) and Trotwood Community Improvement Corporation ($496k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $103k. At year end it held assets of $260k against liabilities of $184k, net assets of $77k. It reported 2 employees.