Community of Lancaster Education Group

Analysis

Community of Lancaster Education Group is a registered charity in United States, based in Lancaster, MN. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Community of Lancaster Education Group reported income of $97k and spending of $61k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $97k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community of Lancaster Education Group sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within MN. Charities of a similar size with the same main cause include Moriches Elementary School PTO ($97k), Accreditation Review Committee for the Anesthesiologist Assistant ($98k) and Louisville Elementary Parent Teacher Organanization ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $1.1m against liabilities of $214k, net assets of $908k.