Lockport Resource Center

Analysis

Lockport Resource Center is a registered charity in United States, based in Lockport, IL. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lockport Resource Center reported income of $55k and spending of $43k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $40k to $55k (+38%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lockport Resource Center sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Delta-Montrose Electric Association Charitable Trust ($55k), Boron Senior Citizens Inc ($55k) and Amasol Foundation Ong Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $43k against liabilities of $808, net assets of $42k.