Lincoln Independent Business Association Foundation

Analysis

Lincoln Independent Business Association Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 February 2023, Lincoln Independent Business Association Foundation reported income of $71k and spending of $20k, leaving 72% of income unspent that year. Across the 4 years on record, from February 2020 to February 2023, income grew from $33k to $71k (+116%), an average of +29% a year. The sharpest change came in the year to February 2022, when income rose by 618%. Over the whole period it spent 31% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lincoln Independent Business Association Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within NE. Charities of a similar size with the same main cause include Strada Corsa Inc ($71k), Austin Soccer Development Group Inc ($71k) and Clingman Foundation ($71k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $919k against liabilities of $0, net assets of $919k.