Lincoln School

Analysis

Lincoln School is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in February 1977, 49 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lincoln School reported income of $20.4m and spending of $19.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.8m to $20.4m (+14%), an average of +3.4% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within RI. Charities of a similar size with the same main cause include National University of Health Sciences ($20.3m), National Asian Pacific Center on Aging-Napca ($20.4m) and Alfred B Maclay Jr Day School ($20.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $542k (2.8% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $37.4m against liabilities of $5.2m, net assets of $32.1m. It reported 221 employees.