Lock Haven Court Corp

Analysis

Lock Haven Court Corp is a registered charity in United States, based in Northern Cambria, PA. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Lock Haven Court Corp reported income of $66k and spending of $160k, spending 241% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $79k to $66k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 194% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lock Haven Court Corp sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Reaching Out Now Inc ($66k), Bureau for International Reporting Inc ($66k) and Terry Mikeska Foundation ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. At year end it held assets of $2.0m against liabilities of $75k, net assets of $1.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.