Lincoln University Foundation of Pennsylvania

Analysis

Lincoln University Foundation of Pennsylvania is a registered charity in United States, based in Lincoln Univ, PA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lincoln University Foundation of Pennsylvania reported income of $846k and spending of $2.4m, spending 282% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $21.7m to $846k (-96%), an average of -80% a year. The sharpest change came in the year to June 2022, when income dropped by 88%. Over the whole period it spent 25% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln University Foundation of Pennsylvania sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include LGH Administrative Services Inc ($846k), Tyburn Academy ($846k) and Rising Aviation High School Inc ($846k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $18.6m against liabilities of $4.5m, net assets of $14.2m.