Lincoln County Public Education Foundation

Analysis

Lincoln County Public Education Foundation is a registered charity in United States, based in Lincolnton, NC. It received its IRS tax-exemption ruling in October 1994, 32 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, Lincoln County Public Education Foundation reported income of $203k and spending of $49k, leaving 76% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $114k to $203k (+78%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 486%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln County Public Education Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Library of Michigan Foundation ($203k), Stillwater Public Education Foundation ($204k) and Massachusetts Library Association ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.