Lancer Fund

Analysis

Lancer Fund is a registered charity in United States, based in Delran, NJ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2023, Lancer Fund reported income of $419k and spending of $634k, spending 151% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income grew from $377k to $419k (+11%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 215%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lancer Fund sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Sweeten Life Systems ($419k), Valley Dance Theatre ($419k) and Central Minnesota Youth Soccer Association ($419k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $438k against liabilities of $0, net assets of $438k.