Foundation for Lincoln Public Schools

Analysis

Foundation for Lincoln Public Schools is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2022, Foundation for Lincoln Public Schools reported income of $4.5m and spending of $2.9m, leaving 36% of income unspent that year. Across the 4 years on record, from August 2019 to August 2022, income grew from $2.2m to $4.5m (+107%), an average of +28% a year. The sharpest change came in the year to August 2020, when income rose by 118%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foundation for Lincoln Public Schools sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within NE. Charities of a similar size with the same main cause include Latino Community Foundation of Colorado Inc ($4.5m), National Urban Indian Family Coalition ($4.5m) and Victims of Communism Memorial Foundation Inc ($4.5m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $558k. At year end it held assets of $17.0m against liabilities of $143k, net assets of $16.9m. It reported 34 employees.