Downtown Lancaster Special Improvement District Inc

Analysis

Downtown Lancaster Special Improvement District Inc is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Downtown Lancaster Special Improvement District Inc reported income of $103k and spending of $124k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $103k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 127% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Downtown Lancaster Special Improvement District Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Sol Communications Inc ($103k), The Luester T Mertz Legacy Trust for the Joyce Theater Foundation ($103k) and Francestown Land Trust Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.