Lincoln County Foundation

Analysis

Lincoln County Foundation is a registered charity in United States, based in Newport, OR. It received its IRS tax-exemption ruling in March 1965, 61 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lincoln County Foundation reported income of $718k and spending of $749k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $623k to $718k (+15%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 186%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lincoln County Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include Ludacris Foundation ($717k), Valley United Way Incorporated ($718k) and Philanthropy for Active Civic Engagement ($717k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $48k (6.4% of expenses). At year end it held assets of $8.1m against liabilities of $841k, net assets of $7.2m. It reported 1 employees.