Lincoln Parks & Recreation FNDN

Analysis

Lincoln Parks & Recreation FNDN is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in December 1992, 34 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 Parks & Recreation FNDN reported income of $3.3m and spending of $2.3m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $3.3m (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lincoln Parks & Recreation FNDN sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within NE. Charities of a similar size with the same main cause include East Coast Volleyball Inc ($3.3m), South Shore Conference Inc ($3.3m) and Bigstuf Ministries Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $113k (4.8% of expenses). Other salaries and wages came to $185k. At year end it held assets of $22.6m against liabilities of $0, net assets of $22.6m. It reported 3 employees.