Lincoln Hospital Foundation

Analysis

Lincoln Hospital Foundation is a registered charity in United States, based in Davenport, WA. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 December 2023, Lincoln Hospital Foundation reported income of $107k and spending of $4,748, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $200k to $107k (-46%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln Hospital Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Vision International Education Service ($107k), Idaho State Elks Youth Inc ($107k) and PTA California Congress of Parents Teachers & Students Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.