Lancaster Creative Reuse

Analysis

Lancaster Creative Reuse is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lancaster Creative Reuse reported income of $110k and spending of $129k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $110k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lancaster Creative Reuse sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Ikenobo Ikebana Society of Los Angeles Chapter ($110k), Top 20 Inc ($110k) and Historic Elmwood Foundation ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. At year end it held assets of $54k against liabilities of $4,130, net assets of $50k.