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Lincoln County Educational Fund Inc

RegisteredEIN 61-1245107Stanford, KYEducation and training
Income$104k2023-12
Spending$94ksame year
Spent / received78%5-year average
Size in its cause40th pctEducation and training
Exempt since1993Publicly supported organisat
Employees0latest return

Analysis

Lincoln County Educational Fund Inc is a registered charity in United States, based in Stanford, KY. It received its IRS tax-exemption ruling in December 1993, 33 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 December 2023, Lincoln County Educational Fund Inc reported income of $104k and spending of $94k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $137k to $104k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln County Educational Fund Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within KY. Charities of a similar size with the same main cause include Igbobi College Old Boys Association Na Inc ($104k), Power of Zero Foundation ($104k) and Hidaayah Institute ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.

Income and spending

$0$42k$83k$125k$167k2019 Income: $137,2722019 Spending: $95,20120192020 Income: $99,2842020 Spending: $83,66020202021 Income: $78,4312021 Spending: $90,27520212022 Income: $166,6842022 Spending: $93,13720222023 Income: $104,4032023 Spending: $93,7552023
IncomeSpending

Where the income comes from

  • Contributions & grants 17%
  • Other 83%

Similar-sized charities, same cause

CharityLocationIncome
Igbobi College Old Boys Association Na IncDuluth$104k
Power of Zero FoundationJupiter$104k
Hidaayah InstituteFrisco$104k
Porter Memorial Library AssociationMachias$104k