Lancaster Dollars for Higher Learning FY2024 filing
Provides interest-free tuition loans to help college students achieve their goals. For fiscal year 2024 it reported $449K in revenue, $401K in expenses, and $6.7M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Nonprofit
- Location
- Lancaster, PA
- Website
- www.lancdollars.org
- Filings
- 6 on file (2020–2024)
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Summary of the Filing
Where the work happens
Loans for College Students
Funds are loaned interest-free to students who are expected to repay loans after graduation. There were 357 new loans extended during the year ended september 30, 2024.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 67% | — | — |
| Overhead ratio | 25% | — | — |
| Fundraising cost ratio | 22% | — | — |
| Revenue growth | 32% | — | — |
| Investment management fee ratio | 0.5% | — | — |
| Accounting fee ratio | 5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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