Lincoln Village Preservation Corporation

Analysis

Lincoln Village Preservation Corporation is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in June 2004, 22 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 June 2023, Lincoln Village Preservation Corporation reported income of $4.3m and spending of $2.3m, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.9m to $4.3m (+49%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 50% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lincoln Village Preservation Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Mississippi High School Activities ($4.3m), Community Asset Foundation ($4.3m) and Rods House ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 4.2% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $11.6m against liabilities of $2.1m, net assets of $9.6m. It reported 48 employees.