Lincoln Midget Football League Inc

Analysis

Lincoln Midget Football League Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in February 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lincoln Midget Football League Inc reported income of $617k and spending of $447k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $400k to $617k (+54%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln Midget Football League Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NE. Charities of a similar size with the same main cause include Hospice of San Luis Obispo County ($617k), Patrician Arms ($617k) and Lutheran Bible Camp Inc ($617k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $41k (9.1% of expenses). Other salaries and wages came to $40k. At year end it held assets of $796k against liabilities of $1,160, net assets of $795k. It reported 31 employees.