Lancaster Rec Foundation Fund

Analysis

Lancaster Rec Foundation Fund is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lancaster Rec Foundation Fund reported income of $301k and spending of $382, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $301k (+143%), an average of +143% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 0.2% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lancaster Rec Foundation Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Norwin Soccer League Inc ($301k), Midwest Regional Turf Foundation Department of Agronomy ($301k) and Lincoln Little League ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $579k against liabilities of $0, net assets of $579k.