Linc Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 427,563 | 488,243 | −60,680 | 18.2 | 0% |
| 2011 | 835,009 | 1,000,394 | −165,385 | -6.1 | 0% |
| 2012 | 970,639 | 1,102,923 | −132,284 | -8.1 | 0% |
| 2013 | 938,245 | 1,089,577 | −151,332 | -10.6 | 0% |
| 2014 | 880,943 | 1,894,918 | −1,013,975 | -12.7 | 0% |
| 2015 | 1,126,074 | 1,378,075 | −252,001 | -19.9 | 0% |
| 2016 | 1,599,011 | 1,845,893 | −246,882 | -16.6 | 0% |
| 2017 | 3,174,605 | 3,401,178 | −226,573 | -10.8 | 0% |
| 2018 | 5,543,350 | 5,266,664 | 276,686 | -7.5 | 0% |
| 2019 | 5,328,472 | 19,703,006 | −14,374,534 | -11.0 | 0% |
| 2020 | 5,546,968 | 5,475,296 | 71,672 | -33.7 | 0% |
| 2021 | 7,561,033 | 7,687,125 | −126,092 | -24.5 | 0% |
| 2022 | 7,124,344 | 7,152,688 | −28,344 | -26.3 | 0% |
| 2023 | 7,444,700 | 11,040,689 | −3,595,989 | -21.0 | 0% |
In its most recent public year (2023), this organization spent $3,595,989 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-21 months), down from 18.2 in 2010. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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