Lincoln Christian University

Analysis

Lincoln Christian University is a registered charity in United States, based in Lincoln, IL. It received its IRS tax-exemption ruling in December 1948, 78 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Lincoln Christian University reported income of $2.1m and spending of $4.4m, spending 208% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income fell from $11.9m to $2.1m (-82%), an average of -29% a year. The sharpest change came in the year to May 2024, when income rose by 165%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln Christian University sits at the 83rd 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 86th percentile within IL. Charities of a similar size with the same main cause include Dynamic Dyslexia Design the 3-D School ($2.1m), Christ Church School Inc ($2.1m) and Creative Education Inc ($2.1m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 79% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $238k (5.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $12.8m against liabilities of $1.2m, net assets of $11.6m. It reported 76 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.