Lincoln County Community Development Corporation

Analysis

Lincoln County Community Development Corporation is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lincoln County Community Development Corporation reported income of $622k and spending of $327k, leaving 47% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $319k to $622k (+95%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 237%. Over the whole period it spent 138% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lincoln County Community Development Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NE. Charities of a similar size with the same main cause include Curtis L Carlson Family Foundation for the University of Minnesota ($622k), Weiser Memorial Hospital Foundation Inc ($623k) and CSP North America Inc ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 21% of the total. Other salaries and wages came to $77k. At year end it held assets of $4.1m against liabilities of $1.2m, net assets of $2.9m. It reported 4 employees.