Community Foundation for the Land of Lincoln Inc

Analysis

Community Foundation for the Land of Lincoln Inc is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Community Foundation for the Land of Lincoln Inc reported income of $7.9m and spending of $5.6m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.2m to $7.9m (-30%), an average of -8.4% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation for the Land of Lincoln Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Jewish Family Service of Metrowest NJ a New Jersey Nonprofit Corp ($7.9m), United Way of Pierce County ($7.9m) and Tuscola County Community Foundation ($7.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $476k (8.5% of expenses). Other salaries and wages came to $127k. At year end it held assets of $79.1m against liabilities of $7.7m, net assets of $71.4m. It reported 7 employees.