Lancaster Creative Factory

Analysis

Lancaster Creative Factory is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in January 2011, 15 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, Lancaster Creative Factory reported income of $285k and spending of $270k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $240k to $285k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lancaster Creative Factory sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Que-Os ($285k), Israeli Chamber Project Inc ($285k) and Coupeville Historic Waterfront Association ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $25k (9.3% of expenses). Other salaries and wages came to $56k. At year end it held assets of $221k against liabilities of $0, net assets of $221k. It reported 4 employees.