Lincoln Freed

Analysis

Lincoln Freed is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in February 2020, 6 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 December 2023, Lincoln Freed reported income of $1.4m and spending of $1.3m, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $929k to $1.4m (+54%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lincoln Freed sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Carolina Therapeutic Services Community Development Inc ($1.4m), St Augustine Diocesan Council Society of St Vincent de Paul Inc ($1.4m) and Abc Toon Town II Educational Center ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. Other salaries and wages came to $128k. At year end it held assets of $381k against liabilities of $26k, net assets of $355k. It reported 4 employees.