Lackawanna Neighbors Inc

Analysis

Lackawanna Neighbors Inc is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in February 1969, 57 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Lackawanna Neighbors Inc reported income of $61k and spending of $54k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $61k (+1.2%), an average of +0.3% a year. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lackawanna Neighbors Inc sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Ault Manor Inc ($61k), Housing America Foundation ($61k) and Gardens of Wood Village Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 88% of the total. Other salaries and wages came to $22k. At year end it held assets of $571k against liabilities of $1,607, net assets of $569k.