Lincoln Community Center Assn Inc

Analysis

Lincoln Community Center Assn Inc is a registered charity in United States, based in Troy, OH. It received its IRS tax-exemption ruling in September 1951, 75 years ago. 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 Community Center Assn Inc reported income of $970k and spending of $1.1m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $735k to $970k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 347%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln Community Center Assn Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Future Farmers of America ($970k), Camp Tekawitha Retreat & Conference Center ($970k) and Honor Emergency Fund of the Fire Department of the City of New York ($970k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $63k (5.7% of expenses). Other salaries and wages came to $365k. At year end it held assets of $4.6m against liabilities of $7,251, net assets of $4.6m. It reported 47 employees.