Lincoln Foundation for Education Inc

Analysis

Lincoln Foundation for Education Inc is a registered charity in United States, based in Parsippany, NJ. It received its IRS tax-exemption ruling in January 2017, 9 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 Foundation for Education Inc reported income of $64k and spending of $120k, spending 188% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $170k to $64k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln Foundation for Education Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Ronald Reagan Elementary School Parent Teacher Organization ($64k), Averill Park Education Foundation ($64k) and Cooper Middle School PTO ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $213k against liabilities of $0, net assets of $213k.