Lincoln County Economic Developmentcouncil

Analysis

Lincoln County Economic Developmentcouncil is a registered charity in United States, based in Davenport, WA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Lincoln County Economic Developmentcouncil reported income of $216k and spending of $287k, spending 133% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $205k to $216k (+5.5%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 131%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lincoln County Economic Developmentcouncil sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within WA. Charities of a similar size with the same main cause include Events Industry Council Foundation ($216k), Tri-County Indian Nations C D C ($216k) and Surprise Sundancers ($216k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $30k (11% of expenses). Other salaries and wages came to $26k. At year end it held assets of $483k against liabilities of $14k, net assets of $469k. It reported 2 employees.