Linc Inc

Analysis

Linc Inc is a registered charity in United States, based in Swansea, IL. It received its IRS tax-exemption ruling in November 1991, 35 years ago. 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 2022, Linc Inc reported income of $752k and spending of $728k, spending 97% of its income. Across the 3 years on record, from June 2020 to June 2022, income fell from $870k to $752k (-14%), an average of -7.1% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Linc Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include The Parenting Connection of Monterey County ($751k), Lake Martin Area United Way Inc ($752k) and Sumter County Museum Foundation ($751k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $53k (7.3% of expenses). Other salaries and wages came to $378k. At year end it held assets of $357k against liabilities of $38k, net assets of $319k. It reported 19 employees.