Lansing Association for Community Events

Analysis

Lansing Association for Community Events is a registered charity in United States, based in Lansing, IL. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Lansing Association for Community Events reported income of $92k and spending of $58k, leaving 37% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $32k to $92k (+182%), an average of +182% a year. The sharpest change came in the year to June 2024, when income rose by 182%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lansing Association for Community Events sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Junior League of Northwest Arkansas Inc ($91k), Community Action Network Southeast ($92k) and Westwood Unidos ($91k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 46% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.