Lincoln 4th of July Foundation

Analysis

Lincoln 4th of July Foundation is a registered charity in United States, based in Lincoln, CA. It received its IRS tax-exemption ruling in June 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 August 2024, Lincoln 4th of July Foundation reported income of $74k and spending of $77k, spending 104% of its income. Across the 4 years on record, from August 2021 to August 2024, income grew from $63k to $74k (+18%), an average of +5.6% a year. The sharpest change came in the year to August 2023, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lincoln 4th of July Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Boom Boom Club ($74k), Aviva Arts ($74k) and Charleston Pride Inc ($74k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 68% and program service revenue 19% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.