Lincoln Trail College Foundation

Analysis

Lincoln Trail College Foundation is a registered charity in United States, based in Robinson, IL. It received its IRS tax-exemption ruling in February 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lincoln Trail College Foundation reported income of $468k and spending of $527k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $838k to $468k (-44%), an average of -14% a year. The sharpest change came in the year to June 2024, when income dropped by 40%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln Trail College Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Gamma XI Boule Foundation Inc ($467k), The Ranch of Hope & Healing Inc ($468k) and Lebanon Education Foundation ($467k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% of the total. Compensation of current officers, directors and key employees was $26k (5.0% of expenses). Other salaries and wages came to $49k. At year end it held assets of $7.1m against liabilities of $20k, net assets of $7.0m. It reported 4 employees.