Linwood Center Inc

Analysis

Linwood Center Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in April 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Linwood Center Inc reported income of $16.3m and spending of $15.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.9m to $16.3m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Linwood Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include New Orleans Military and Maritime Academy Inc ($16.3m), Minnesota State University Mankato Foundation Incorporated ($16.3m) and Brazos Higher Education Service Corporation Inc ($16.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $451k (2.9% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $16.1m against liabilities of $4.2m, net assets of $12.0m. It reported 315 employees.