South Asian Association of Lancaster

Analysis

South Asian Association of Lancaster is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in March 2014, 12 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 (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, South Asian Association of Lancaster reported income of $63k and spending of $48k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $63k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Asian Association of Lancaster sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Pivotal Productions ($63k), Slavic American Cultural Organization ($63k) and Showtime Productions of Pebblecreek Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 22% of the total. At year end it held assets of $160k against liabilities of $900, net assets of $159k.