Family Service Association of Lincoln

Analysis

Family Service Association of Lincoln is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in March 1935, 91 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Family Service Association of Lincoln reported income of $15.6m and spending of $12.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.6m to $15.6m (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service Association of Lincoln sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within NE. Charities of a similar size with the same main cause include Journey Health Foundation ($15.6m), Saint Vincents Services Inc ($15.6m) and Janus Youth Programs Inc ($15.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $269k (2.2% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $11.9m against liabilities of $853k, net assets of $11.1m. It reported 346 employees.