Lincoln Eap Inc

Analysis

Lincoln Eap Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in September 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lincoln Eap Inc reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $978k to $1.2m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln Eap Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NE. Charities of a similar size with the same main cause include United Way of Muscatine Iowa Incorporated ($1.2m), C G Jung Educational Center of Houston Texas ($1.2m) and The House of Ruth Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $223k (21% of expenses). Other salaries and wages came to $362k. At year end it held assets of $2.1m against liabilities of $771k, net assets of $1.3m. It reported 15 employees.