Lincoln International Charterschool

Analysis

Lincoln International Charterschool is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lincoln International Charterschool reported income of $2.5m and spending of $2.8m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $2.5m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln International Charterschool sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Grace Association of Schools Inc ($2.5m), Educational & Memorial Foundation of the Tennessee Society of Cpas ($2.5m) and Rocky Point Charter School ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $233k (8.5% of expenses). Other salaries and wages came to $979k. At year end it held assets of $1.6m against liabilities of $2.4m, net assets of -$804k. It reported 27 employees.