Food Bank of Lincoln Foundation

Analysis

Food Bank of Lincoln Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 2024, Food Bank of Lincoln Foundation reported income of $276k and spending of $101k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $81k to $276k (+241%), an average of +36% a year. The sharpest change came in the year to June 2021, when income rose by 269%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Bank of Lincoln Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NE. Charities of a similar size with the same main cause include Center of Hope Haiti Inc ($276k), Wainwright House Inc ($276k) and Pacific Ombudsman for Humanitarian Law ($276k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.