The Lincoln Academy

Analysis

The Lincoln Academy is a registered charity in United States, based in Beloit, WI. 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Lincoln Academy reported income of $14.7m and spending of $9.4m, leaving 36% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $820k to $14.7m (+1698%), an average of +162% a year. The sharpest change came in the year to June 2021, when income rose by 4136%. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Lincoln Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Evangelical Christian School of Memphis Inc ($14.7m), Talkingpoints ($14.7m) and Imagine at Broward Inc ($14.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $476k (5.1% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $45.5m against liabilities of $1.5m, net assets of $44.0m. It reported 96 employees.