Friends of Lincoln

Analysis

Friends of Lincoln is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Friends of Lincoln reported income of $813k and spending of $1.1m, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $813k (-31%), an average of -8.7% a year. The sharpest change came in the year to June 2020, when income dropped by 27%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Lincoln sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Crossover Scholarship Fund Inc ($813k), Ecat Wayne School Inc ($813k) and Revere Beach Partnership Inc ($812k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 34% of the total. At year end it held assets of $1.1m against liabilities of $31k, net assets of $1.1m.