Lynndale Inc

Analysis

Lynndale Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in July 1972, 54 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lynndale Inc reported income of $3.0m and spending of $2.6m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.0m to $3.0m (-0.6%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lynndale Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Idaho Regional Optical Network Inc ($3.0m), Museum of Aviation at Robins Air Force Base Georgia Foundation Inc ($3.0m) and Northern California Land Trust Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $102k (3.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.1m against liabilities of $185k, net assets of $3.9m. It reported 117 employees.