Lancaster Soap Box Derby Inc

Analysis

Lancaster Soap Box Derby Inc is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Lancaster Soap Box Derby Inc reported income of $129k and spending of $70k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $107k to $129k (+21%), an average of +10% a year. Over the whole period it spent 53% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lancaster Soap Box Derby Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include C & H Athletic Association Inc ($129k), Sophie and Madigans Playground Inc ($129k) and San Diego Asian American Sports Club ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $242k against liabilities of $0, net assets of $242k.