CSCharityScored
32

Lincoln Economic Development Association

Community Development · Lincolnton, North Carolina

502 E Main St, Lincolnton, NC 28092-3410

EIN: 561188297· Founded: Apr 1996· 30 years active· Filing Year: 2023

Annual Revenue

$830K

Total Expenses

$842K

Total Assets

$892K

Program Spending

6%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$151K

17.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$291K

Total Payroll

$442K

52% of total expenses

Where the Money Goes

6%
Programs: 6%
Payroll: 52%
Other overhead: 94%
Program Revenue$47K (6%)
Total Expenses$842K (100%)
Payroll$442K (52%)
Overhead (non-program)94%

Trust Score Breakdown

Program Spending Ratio

6% of expenses go to programs

40%

Revenue & Stability

$830K annual revenue

15%

Executive Compensation

$151K total officer comp (17.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$892K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.