Lincoln Council on the Aging Inc

Analysis

Lincoln Council on the Aging Inc is a registered charity in United States, based in Ruston, LA. It received its IRS tax-exemption ruling in November 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Lincoln Council on the Aging Inc reported income of $608k and spending of $642k, spending 106% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $464k to $608k (+31%), an average of +9.4% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lincoln Council on the Aging Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within LA. Charities of a similar size with the same main cause include Abc Payee Inc ($608k), Plank Stewardship Initiative ($608k) and Harlem Independent Living Center Inc ($608k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 92% and program service revenue 1.5% of the total. Other salaries and wages came to $195k. At year end it held assets of $745k against liabilities of $164k, net assets of $581k. It reported 10 employees.