Lincoln Christian University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 14,951,585 | 13,680,323 | 1,271,262 | 10.2 | 44% |
| 2010 | 14,122,929 | 13,502,945 | 619,984 | 10.9 | 45% |
| 2011 | 15,572,912 | 14,804,658 | 768,254 | 10.6 | 42% |
| 2012 | 16,533,988 | 15,579,276 | 954,712 | 10.8 | 46% |
| 2013 | 16,500,773 | 15,645,951 | 854,822 | 11.4 | 44% |
| 2014 | 14,975,298 | 15,220,460 | −245,162 | 12.5 | 44% |
| 2015 | 14,302,818 | 14,062,787 | 240,031 | 13.8 | 43% |
| 2016 | 12,599,213 | 12,989,748 | −390,535 | 14.6 | 42% |
| 2017 | 11,592,800 | 11,937,161 | −344,361 | 15.8 | 43% |
| 2018 | 11,466,032 | 12,069,032 | −603,000 | 14.5 | 42% |
| 2019 | 11,886,235 | 11,834,828 | 51,407 | 14.8 | 40% |
| 2020 | 10,602,894 | 11,174,944 | −572,050 | 14.2 | 41% |
| 2021 | 11,835,364 | 10,786,456 | 1,048,908 | 16.9 | 41% |
| 2022 | 11,063,987 | 11,549,815 | −485,828 | 16.7 | 36% |
| 2023 | 800,941 | 5,144,101 | −4,343,160 | 31.8 | 38% |
| 2024 | 2,120,965 | 4,413,031 | −2,292,066 | 31.4 | 42% |
In its most recent public year (2024), this organization spent $2,292,066 more than it brought in. Its reserves stood at about 31.4 months of spending, up from 10.2 in 2009. Staff pay was 42% of spending. $12,326,683 of its net assets are donor-restricted.
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 2024. 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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