Lexington Group Inc

Analysis

Lexington Group Inc is a registered charity in United States, based in Quinton, VA. It received its IRS tax-exemption ruling in May 1998, 28 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, Lexington Group Inc reported income of $133k and spending of $125k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $133k (+11%), an average of +11% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lexington Group Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Hunterdon Musical Arts Inc ($133k), Collin County Master Gardeners Association ($133k) and Lakes Region Model Train Museum ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 74% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.