Lynx Foundation
Analysis
Lynx Foundation is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Lynx Foundation reported income of $413k and spending of $439k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $256k to $413k (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 250%. Over the whole period it spent 168% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lynx Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Interfaith Ministries of Denton Inc ($413k), Riverview Productions Inc ($413k) and Advancing Lives in Pasadena ($413k).
At year end it held assets of $13.5m against liabilities of $108k, net assets of $13.4m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Other 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Interfaith Ministries of Denton Inc | Denton | $413k |
| Riverview Productions Inc | Wellston | $413k |
| Advancing Lives in Pasadena | Pasadena | $413k |
| Compassion Ministries of Waco Inc | Waco | $413k |