Lynden Inc

Analysis

Lynden Inc is a registered charity in United States, based in River Hills, WI. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lynden Inc reported income of $1.1m and spending of $1.3m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $557k to $1.1m (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lynden Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Kerrville Folk Festival Foundation Inc ($1.1m), Stitch Buffalo Inc ($1.1m) and Globewomen Research & Education Institute ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $106k (8.1% of expenses). Other salaries and wages came to $290k. At year end it held assets of $655k against liabilities of $62k, net assets of $593k. It reported 20 employees.