Lincoln Foundation Inc

Analysis

Lincoln Foundation Inc is a registered charity in United States, based in Lincoln, MA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Lincoln Foundation Inc reported income of $287k and spending of $45k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $287k (+187%), an average of +187% a year. The sharpest change came in the year to December 2023, when income rose by 187%. Over the whole period it spent 29% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lincoln Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Nur Center ($286k), Pontchartrain Housing Corp I ($287k) and Grateful Gobbler ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 93% of the total. At year end it held assets of $323k against liabilities of $0, net assets of $323k.