Logan County Tourism Bureau

Analysis

Logan County Tourism Bureau is a registered charity in United States, based in Lincoln, IL. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Logan County Tourism Bureau reported income of $328k and spending of $312k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $328k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Logan County Tourism Bureau sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Highland Area Nonprofit Housing Corporation Phase II ($328k), Vaya Verde ($328k) and The Pest Management Foundation Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $41k (13% of expenses). Other salaries and wages came to $46k. At year end it held assets of $292k against liabilities of $1,737, net assets of $290k. It reported 4 employees.