Lincoln Land Community College Foundation

Analysis

Lincoln Land Community College Foundation is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Land Community College Foundation reported income of $2.4m and spending of $3.4m, spending 143% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $8.4m to $2.4m (-72%), an average of -27% a year. The sharpest change came in the year to June 2021, when income dropped by 73%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lincoln Land Community College Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Boston Womens Fund Inc ($2.4m), Atlanta Womens Foundation Inc ($2.4m) and First Look for Charity Foundation ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $25.7m against liabilities of $599k, net assets of $25.1m.

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.