Lewisburg Downtown Partnership

Analysis

Lewisburg Downtown Partnership is a registered charity in United States, based in Lewisburg, PA. It received its IRS tax-exemption ruling in December 2000, 26 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 December 2023, Lewisburg Downtown Partnership reported income of $270k and spending of $347k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $270k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lewisburg Downtown Partnership sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Creative Enterprise Zone ($269k), Friends of Global Market Inc ($270k) and Pennsylvania State Association of County Fairs ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $62k (18% of expenses). At year end it held assets of $206k against liabilities of $141k, net assets of $65k. It reported 5 employees.