Lancaster County Community Center

Analysis

Lancaster County Community Center is a registered charity in United States, based in Lancaster, SC. It received its IRS tax-exemption ruling in November 2014, 12 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 December 2023, Lancaster County Community Center reported income of $58k and spending of $40k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $58k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lancaster County Community Center sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 29th percentile within SC. Charities of a similar size with the same main cause include Sri Annamacharya Project of North America Inc ($58k), Inglewood Community Services Corporation ($58k) and Marco Island Womans Club Charitable Foundation Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $223k against liabilities of $3,138, net assets of $220k.