Lititz Regional Community Development Corporation

Analysis

Lititz Regional Community Development Corporation is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in June 2014, 12 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, Lititz Regional Community Development Corporation reported income of $318k and spending of $540k, spending 170% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $726k to $318k (-56%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lititz Regional Community Development Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Mount Vernon Library Foundation ($318k), Phoenix Learning Academy ($318k) and New York Coalition for Healthy School Lunches Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $245k against liabilities of $0, net assets of $245k.