Lincolnite Club

Analysis

Lincolnite Club is a registered charity in United States, based in Marion, AL. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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, Lincolnite Club reported income of $541k and spending of $532k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $232k to $541k (+133%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincolnite Club sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within AL. Charities of a similar size with the same main cause include Student Bodies of Bonita Unified School District ($541k), Heart of Florida Legal Aid Society Inc ($541k) and Center for Independent Living Inc ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 2.7% of the total. At year end it held assets of $519k against liabilities of $0, net assets of $519k.