Lincoln Street Inc

Analysis

Lincoln Street Inc is a registered charity in United States, based in White River JCT, VT. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lincoln Street Inc reported income of $8.5m and spending of $8.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $8.5m (+62%), an average of +13% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lincoln Street Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VT. Charities of a similar size with the same main cause include Rescuing Leftover Cuisine Inc ($8.5m), Unica ($8.5m) and Hunger Free Oklahoma Inc ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $143k (1.7% of expenses). At year end it held assets of $5.2m against liabilities of $632k, net assets of $4.6m. It reported 55 employees.