Lorton Art Program

Analysis

Lorton Art Program is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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, Lorton Art Program reported income of $104k and spending of $109k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $104k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lorton Art Program sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 19th percentile within DC. Charities of a similar size with the same main cause include Order of the Friendly Sons of the Shillelagh Ocean County ($104k), Little League Baseball Inc ($104k) and Bring Smiles to Seniors Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.