Lincoln Sox Incorporated

Analysis

Lincoln Sox Incorporated is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 July 2024, Lincoln Sox Incorporated reported income of $166k and spending of $167k, spending 101% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $147k to $166k (+13%), an average of +13% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lincoln Sox Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NE. Charities of a similar size with the same main cause include Gridiron Imports Foundation ($166k), Elyria Ice Hockey Boosters Club Inc ($166k) and Hermosa Beach Youth Basketball League ($166k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 26% and program service revenue 65% of the total. At year end it held assets of $83k against liabilities of $40k, net assets of $43k.