Lancaster Mennonite Conference Historical Society

Analysis

Lancaster Mennonite Conference Historical Society is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in March 1965, 61 years ago. 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, Lancaster Mennonite Conference Historical Society reported income of $880k and spending of $1.1m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $880k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lancaster Mennonite Conference Historical Society sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Sea Island Community Development Funds Inc ($880k), Salt & Light Media Ministries Inc ($880k) and Red Wave Swim Team ($880k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $104k (9.5% of expenses). Other salaries and wages came to $426k. At year end it held assets of $5.8m against liabilities of $125k, net assets of $5.7m. It reported 21 employees.