Lancaster Fairfield County Charity Newsies Inc

Analysis

Lancaster Fairfield County Charity Newsies Inc is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Fairfield County Charity Newsies Inc reported income of $246k and spending of $277k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $246k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 95%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lancaster Fairfield County Charity Newsies Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Mocha Moms Inc ($246k), Trauma Intervention Programs Inc ($246k) and Immokalee Pregnancy Center Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $1,600 (0.6% of expenses). At year end it held assets of $410k against liabilities of $0, net assets of $410k.