Lindsay Area Development

Analysis

Lindsay Area Development is a registered charity in United States, based in Lindsay, NE. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Lindsay Area Development reported income of $717k and spending of $62k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $245k to $717k (+193%), an average of +193% a year. The sharpest change came in the year to December 2023, when income rose by 193%. Over the whole period it spent 15% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lindsay Area Development sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NE. Charities of a similar size with the same main cause include Goodwill Industries of Lubbock Contract Services Inc ($717k), Junior League of San Francisco Inc ($717k) and Consortium for Ongoing Reinvestment Efforts ($717k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 1.8% of the total. At year end it held assets of $1.5m against liabilities of $606k, net assets of $938k.