Lancaster Fresh Market Inc

Analysis

Lancaster Fresh Market Inc is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Lancaster Fresh Market Inc reported income of $523k and spending of $459k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $523k (+114%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lancaster Fresh Market Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Lenawee County Mission ($523k), Youth Service Bureau of Rock Island ($523k) and Otterbein Green Hills Community Inc ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $42k (9.1% of expenses). Other salaries and wages came to $45k. At year end it held assets of $215k against liabilities of $48k, net assets of $167k. It reported 7 employees.