Lincoln Street Housing Inc

Analysis

Lincoln Street Housing Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lincoln Street Housing Inc reported income of $156k and spending of $311k, spending 199% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $114k to $156k (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 231% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lincoln Street Housing Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Christines Hope for Kids Foundation ($156k), Foster Your Future ($156k) and Loaves & Fishes Food Bank of the Ozarks Inc ($156k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. At year end it held assets of $2.8m against liabilities of $2.8m, net assets of -$9,277. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.