Lincoln Park Children and Families Collaborative

Analysis

Lincoln Park Children and Families Collaborative is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Lincoln Park Children and Families Collaborative reported income of $710k and spending of $639k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $710k (+164%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lincoln Park Children and Families Collaborative sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Agrarian Land Trust ($710k), Christian Global Network Foundation ($710k) and Strengthening Rural Families ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $75k (12% of expenses). At year end it held assets of $137k against liabilities of $4,011, net assets of $133k. It reported 17 employees.