Lynx Educational Foundation

Analysis

Lynx Educational Foundation is a registered charity in United States, based in Newmarket, NH. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Lynx Educational Foundation reported income of $385k and spending of $399k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $134k to $385k (+188%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 150%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lynx Educational Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within NH. Charities of a similar size with the same main cause include Friends of Vista House Inc ($385k), Friends of the Moab Folk Festival ($385k) and Tuscarawas County Economic Development Corporation ($385k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (4.0% of expenses). Other salaries and wages came to $111k. At year end it held assets of $205k against liabilities of $696k, net assets of -$491k. It reported 3 employees.