Lock Haven University Student Auxiliary Services Inc

Analysis

Lock Haven University Student Auxiliary Services Inc is a registered charity in United States, based in Lock Haven, PA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Lock Haven University Student Auxiliary Services Inc reported income of $1.8m and spending of $1.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $1.8m (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lock Haven University Student Auxiliary Services Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Long Island Hebrew Academy ($1.8m), Pathways Academy Adult Education ($1.8m) and Ambassador High School ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.8% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $117k (7.3% of expenses). Other salaries and wages came to $361k. At year end it held assets of $6.7m against liabilities of $747k, net assets of $6.0m. It reported 41 employees.