The Lincoln Park Society

Analysis

The Lincoln Park Society is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, The Lincoln Park Society reported income of $717k and spending of $462k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $547k to $717k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 199%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Lincoln Park Society sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Junior League of San Francisco Inc ($717k), Long Beach Forward Inc ($718k) and Lindsay Area Development ($717k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $4.2m against liabilities of $4.4m, net assets of -$214k.