Lincoln University

Analysis

Lincoln University is a registered charity in United States, based in Lincoln Univ, PA. It received its IRS tax-exemption ruling in March 1944, 82 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 University reported income of $60.3m and spending of $72.8m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $64.0m to $60.3m (-5.8%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln University sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Mary Baldwin University ($60.2m), Potomac School ($60.3m) and Maryville College ($60.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $1.7m (2.3% of expenses). Other salaries and wages came to $24.1m. At year end it held assets of $305.4m against liabilities of $38.3m, net assets of $267.1m. It reported 918 employees.