Lecom Student Government Association Inc

Analysis

Lecom Student Government Association Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lecom Student Government Association Inc reported income of $347k and spending of $420k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $240k to $347k (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2020, when income rose by 49%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lecom Student Government Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Alads Cares Foundation ($346k), United Way of Pekin ($347k) and Paul and Mareva Marciano Foundation Inc ($346k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 30% of the total. At year end it held assets of $496k against liabilities of $0, net assets of $496k.