Lincoln University

Analysis

Lincoln University is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 1949, 77 years ago. 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 July 2023, Lincoln University reported income of $9.3m and spending of $9.2m, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $5.1m to $9.3m (+83%), an average of +16% a year. The sharpest change came in the year to July 2023, when income rose by 48%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln University 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 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Greater Rochester Regional Healthinformation Organization Inc ($9.3m), Catholic Charities of the Archdiocese of Omaha Inc ($9.3m) and Rivervalley Consulting Services Inc ($9.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.1% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $557k (6.1% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $5.9m against liabilities of $2.1m, net assets of $3.8m. It reported 111 employees.