Lincoln Hills Development Corporation

Analysis

Lincoln Hills Development Corporation is a registered charity in United States, based in Tell City, IN. It received its IRS tax-exemption ruling in June 1974, 52 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 Hills Development Corporation reported income of $13.2m and spending of $12.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.2m to $13.2m (+18%), an average of +4.2% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lincoln Hills Development Corporation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Highland Manor Inc ($13.2m), Senior Resource Association Inc ($13.2m) and Central Coast Energy Services Inc ($13.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $222k (1.7% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $12.5m against liabilities of $3.2m, net assets of $9.3m. It reported 179 employees.