Loft Community Partnership

Analysis

Loft Community Partnership is a registered charity in United States, based in Millersville, PA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Loft Community Partnership reported income of $190k and spending of $154k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $92k to $190k (+107%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loft Community Partnership sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Fall Mountain Friendly Meals ($189k), Classic Mike Loyer Foundation Inc ($190k) and Welcoming the Stranger ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.