The Lincoln Foundation C-O Ben Myers

Analysis

The Lincoln Foundation C-O Ben Myers is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Lincoln Foundation C-O Ben Myers reported income of $157k and spending of $54k, leaving 66% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $62k to $157k (+153%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Lincoln Foundation C-O Ben Myers sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Vta Memorial Foundation ($157k), Plainfield North High School Band Boosters ($157k) and Parent Volunteer Organization of Fulton Science Academy ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.