Southeast Linn Community Center Corporation

Analysis

Southeast Linn Community Center Corporation is a registered charity in United States, based in Lisbon, IA. It received its IRS tax-exemption ruling in December 1986, 40 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 2024, Southeast Linn Community Center Corporation reported income of $290k and spending of $258k, spending 89% of its income. Across the 3 years on record, from June 2021 to June 2024, income grew from $220k to $290k (+32%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeast Linn Community Center Corporation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Friendship Fire Company of Hallam Pennsylvania ($290k), Learning Paragigm ($290k) and South Shore Eagles Inc ($290k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $59k (23% of expenses). Other salaries and wages came to $39k. At year end it held assets of $331k against liabilities of $3,337, net assets of $328k. It reported 4 employees.