Langhorne Open Space Inc

Analysis

Langhorne Open Space Inc is a registered charity in United States, based in Langhorne, PA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Langhorne Open Space Inc reported income of $56k and spending of $50k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $56k (+11%), an average of +11% a year. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Langhorne Open Space Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include New Hampshire Law Enforcement Officers Memorial Association ($56k), True Patriots Care ($56k) and Masterwork Music & Art Foundation ($56k).

At year end it held assets of $325k against liabilities of $8,200, net assets of $317k.