Lincoln Charities Inc

Analysis

Lincoln Charities Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 December 2022, Lincoln Charities Inc reported income of $215k and spending of $888k, spending 413% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $346k to $215k (-38%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 140% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Lincoln Charities Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include East Wood Volunteer Fire Department Inc ($215k), C-5 Volunteer Fire Department Inc ($215k) and Apostleship of the Sea of the United States of America ($215k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.9m against liabilities of $3,225, net assets of $1.9m.