Passes our checks

Lawrence County Economic Development Corporation

EIN 25-6028031 · New Castle, PA

Public records show a registered, tax-exempt organization in good standing.

What it says it does

TO TRANSFORM LIVES BY SERVING AS A CREATIVE FORCE THAT PROMOTES EXCELLENCE IN LEADERSHIP, COORDINATION, AND ORDERLY BUSINESS DEVELOPMENT

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 60 out of 100.

Reserves
35 of 35
Spendable reserves would cover 95.0 months of spending.
Debt
10 of 20
It owes 45% of what it owns.
Living within its means
0 of 15
Spending exceeded income by 29% of income.
Income trend
0 of 15
Income fell 86% on the year before.
Spending floor
15 of 15
87% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 84 out of 100.

Independent board
25 of 25
12 of 12 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15
Its accounts were audited by an independent accountant.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)

$512,428 spent. ADVANCE OUR ECONOMY: PROMOTE AND ENHANCE A VIBRANT, DIVERSE, AND SUSTAINABLE ECONOMY AND LOCAL QUALITY OF LIFE, WHILE POSITIONING THE COUNTY AND SURROUNDING REGION FOR LONG TERM SUCCESS.
$64,053 spent. DEVELOP A SINGLE ACTIONABLE COUNTY-WIDE VISION: PROMOTE AND ENHANCE EFFORTS DESIGNED TO CREATE A STREAMLINED VISION FOR LAWRENCE COUNTY THAT REDUCES DUPLICATE EFFORTS
$64,053 spent. PROMOTE COORDINATE AND ENHANCE REAL ESTATE & INFRASTRUCTURE DEVELOPMENT THROUGHOUT LAWRENCE COUNTY IN AN EFFORT TO INCREASE THE TAX BASE AND JOB NUMBERS

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.