Lincoln Christian School Association
Analysis
Lincoln Christian School Association is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in February 1964, 62 years ago. 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 School Association reported income of $8.4m and spending of $7.1m, spending 85% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $6.7m to $8.4m (+24%), an average of +5.6% a year. The sharpest change came in the year to May 2022, when income rose by 57%. Over the whole period it spent 70% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln Christian School Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within NE. Charities of a similar size with the same main cause include Ferris Foundation ($8.4m), Visalia Rescue Mission ($8.4m) and Concilio de Organizaciones Hispanas ($8.4m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $64k (0.9% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $20.1m against liabilities of $1.5m, net assets of $18.6m. It reported 200 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 83%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ferris Foundation | Big Rapids | $8.4m |
| Visalia Rescue Mission | Visalia | $8.4m |
| Concilio de Organizaciones Hispanas | Philadelphia | $8.4m |
| Little Sisters of the Poor Chicago Inc | Chicago | $8.4m |