Lexington Community Services Inc

Analysis

Lexington Community Services Inc is a registered charity in United States, based in Johnstown, NY. It received its IRS tax-exemption ruling in January 1974, 52 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, Lexington Community Services Inc reported income of $1.8m and spending of $1.9m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.8m (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lexington Community Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Mount Alvernia Day Care and Learning Center ($1.8m), Colonial Youth and Family Services Inc ($1.8m) and Fourth Circuit Public Defender Corporation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 30% of the total. Other salaries and wages came to $432k. At year end it held assets of $7.2m against liabilities of $5.6m, net assets of $1.5m.

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.