Lower Allen Township Development Authority

Analysis

Lower Allen Township Development Authority is a registered charity in United States, based in Camp Hill, PA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Lower Allen Township Development Authority reported income of $3.0m and spending of $912k, leaving 69% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $267k to $3.0m (+1013%), an average of +123% a year. The sharpest change came in the year to December 2021, when income rose by 232%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lower Allen Township Development Authority sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Glenbrook Underground Inc ($3.0m), Fulton Mall Improvement Assoc Inc ($3.0m) and Quality Education Services and Training ($3.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 8.5% of the total. At year end it held assets of $2.3m against liabilities of $218k, net assets of $2.1m.