Lafayette Citizens Band Inc

Analysis

Lafayette Citizens Band Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in June 1985, 41 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lafayette Citizens Band Inc reported income of $86k and spending of $77k, spending 90% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $103k to $86k (-16%), an average of -16% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lafayette Citizens Band Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within IN. Charities of a similar size with the same main cause include Ronald Coase Institute ($86k), Poetry Promise Inc ($86k) and Three Lakes Center for the Arts in the Northwoods Inc ($86k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.