Lititz Historical Foundation Inc

Analysis

Lititz Historical Foundation Inc is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in February 1964, 62 years ago. 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, Lititz Historical Foundation Inc reported income of $160k and spending of $184k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $160k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 466%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lititz Historical Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Arcadia People for Christ Foundation ($160k), National Institute for State Credit Union Examination ($160k) and Canyon High School Athletic Boosters Club ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $35k (19% of expenses). Other salaries and wages came to $26k. At year end it held assets of $1.5m against liabilities of $800, net assets of $1.5m. It reported 13 employees.