Lincoln Presidential Foundation

Analysis

Lincoln Presidential Foundation is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Lincoln Presidential Foundation reported income of $2.0m and spending of $2.1m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.7m to $2.0m (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2023, when income dropped by 51%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln Presidential Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Westmont School Inc ($2.0m), Boston Graduate School of Psychoanalysis Inc ($2.0m) and Westfield Athenaeum ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $256k (12% of expenses). Other salaries and wages came to $466k. At year end it held assets of $32.0m against liabilities of $7.9m, net assets of $24.1m. It reported 5 employees.