Lincoln Academy Charter School

Analysis

Lincoln Academy Charter School is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lincoln Academy Charter School reported income of $9.8m and spending of $10.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.7m to $9.8m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2020, when income rose by 30%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln Academy Charter School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Strategic Capacity Group Inc ($9.8m), Genesys Works ($9.8m) and Hightech LA ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 91% of the total. Other salaries and wages came to $4.9m. At year end it held assets of $22.1m against liabilities of $23.0m, net assets of -$820k.