Abraham Lincoln Elementary School Foundation

Analysis

Abraham Lincoln Elementary School Foundation is a registered charity in United States, based in LA Crescenta, CA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Abraham Lincoln Elementary School Foundation reported income of $82k and spending of $97k, spending 118% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $70k to $82k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Abraham Lincoln Elementary School Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Norwich Rotary Foundation Inc ($82k), Kennebunk Rotary Charitable Fund ($82k) and Tennessee Real Estate Educational Foundation Inc ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.1% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.