South Lincoln Resources

Analysis

South Lincoln Resources is a registered charity in United States, based in Waldport, OR. It received its IRS tax-exemption ruling in June 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Lincoln Resources reported income of $83k and spending of $69k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $83k (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Lincoln Resources sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within OR. Charities of a similar size with the same main cause include The Beaufort Historical Foundation ($83k), Moorefield Community Fire Department No 1 Inc ($83k) and Ptsa Connecticut Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.2% of the total. At year end it held assets of $510k against liabilities of $0, net assets of $510k.