Links Foundation Inc

Analysis

Links Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Links Foundation Inc reported income of $9.1m and spending of $9.1m, spending 100% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $9.3m to $9.1m (-2.3%), an average of -0.6% a year. The sharpest change came in the year to April 2021, when income dropped by 24%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Links Foundation 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 95th percentile, and in the 86th percentile within DC. Charities of a similar size with the same main cause include Iupat Finishing Trades Institute ($9.1m), Center for Humanistic Change of New Jersey Inc ($9.1m) and Barc Housing Inc ($9.1m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 86% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $123k (1.4% of expenses). Other salaries and wages came to $157k. At year end it held assets of $24.0m against liabilities of $2.3m, net assets of $21.7m.