Lincoln Park Conservancy

Analysis

Lincoln Park Conservancy is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Conservancy reported income of $1.0m and spending of $2.1m, spending 206% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.0m (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2020, when income rose by 243%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lincoln Park Conservancy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Api Cultural Center Inc ($1.0m), Brawley Cattle Call Rodeo Committee Inc ($1.0m) and Villarreal Club de Futbol Virginia ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $156k (7.3% of expenses). Other salaries and wages came to $301k. At year end it held assets of $681k against liabilities of $23k, net assets of $658k. It reported 16 employees.