Town Of Lincoln Housing Authority
EIN: 50309409 · Lincoln, RI · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $4.2M |
| Net Assets | $10.4M |
Is Town Of Lincoln Housing Authority Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Town Of Lincoln Housing Authority
Town Of Lincoln Housing Authority (EIN: 50309409) is a nonprofit organization based in Lincoln, RI, classified under NTEE code L21. The organization reported total revenue of $5.1M and total assets of $11.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Town Of Lincoln Housing Authority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Town Of Lincoln Housing Authority is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $4.2M |
| Surplus / Deficit | +$790K |
| Total Assets | $11.2M |
| Total Liabilities | $835K |
| Net Assets | $10.4M |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 32.2 months |
Financial Health Grade: A
In 2023, Town Of Lincoln Housing Authority reported a surplus of $790K with revenue exceeding expenses, holds 32.2 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Town Of Lincoln Housing Authority's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.8% | +7.3% | +8.6% |
| 2022 | -5.4% | +7.5% | -0.7% |
| 2021 | -0.9% | +3.1% | +2.7% |
| 2020 | +5.0% | +7.7% | +6.3% |
| 2019 | +10.1% | +6.1% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Town Of Lincoln Housing Authority has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Town Of Lincoln Housing Authority with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $790K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.4%.
Frequently Asked Questions about Town Of Lincoln Housing Authority
Is Town Of Lincoln Housing Authority a legitimate charity?
Town Of Lincoln Housing Authority (EIN: 50309409) is a registered tax-exempt nonprofit based in Rhode Island. It has 13 years of IRS 990 filings on record. Total revenue: $5.1M. No red flags identified. Financial health grade: A.
How does Town Of Lincoln Housing Authority spend its money?
Town Of Lincoln Housing Authority reported $5.1M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Town Of Lincoln Housing Authority tax-deductible?
Town Of Lincoln Housing Authority is registered as a tax-exempt nonprofit (EIN: 50309409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Town Of Lincoln Housing Authority located?
Town Of Lincoln Housing Authority is headquartered in Lincoln, Rhode Island and files with the IRS under EIN 50309409. It is classified under NTEE code L21.
How many years of IRS 990 filings does Town Of Lincoln Housing Authority have?
Town Of Lincoln Housing Authority has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.1M in total revenue.
Filing History
IRS 990 filing history for Town Of Lincoln Housing Authority showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Town Of Lincoln Housing Authority's revenue has grown by 76.2%, moving from $2.8M to $5.0M. Total assets increased by 29.9% over the same period, from $8.6M to $11.2M. Total functional expenses rose by 53.4%, from $2.7M to $4.2M. In its most recent filing year (2023), Town Of Lincoln Housing Authority reported a surplus of $790K, with revenue exceeding expenses. The organization holds $835K in liabilities against $11.2M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $10.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $4.2M | $11.2M | $835K | — | View 990 |
| 2022 | $3.8M | $3.9M | $10.3M | $755K | — | View 990 |
| 2021 | $4.0M | $3.6M | $10.4M | $903K | — | View 990 |
| 2020 | $4.0M | $3.5M | $10.1M | $986K | — | View 990 |
| 2019 | $3.8M | $3.3M | $9.5M | $314K | — | View 990 |
| 2018 | $3.5M | $3.1M | $9.0M | $388K | — | View 990 |
| 2017 | $3.1M | $2.9M | $8.6M | $369K | — | View 990 |
| 2016 | $3.3M | $3.0M | $8.4M | $384K | — | View 990 |
| 2015 | $2.7M | $2.9M | $8.1M | $305K | — | View 990 |
| 2014 | $2.7M | $2.7M | $8.2M | $271K | — | View 990 |
| 2013 | $2.7M | $2.8M | $8.2M | $260K | — | View 990 |
| 2012 | $2.9M | $2.7M | $8.3M | $249K | — | View 990 |
| 2011 | $2.8M | $2.7M | $8.6M | $752K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $4.2M, and assets of $11.2M (revenue +31.8% year-over-year).
- 2022: Revenue of $3.8M, expenses of $3.9M, and assets of $10.3M (revenue -5.4% year-over-year).
- 2021: Revenue of $4.0M, expenses of $3.6M, and assets of $10.4M (revenue -0.9% year-over-year).
- 2020: Revenue of $4.0M, expenses of $3.5M, and assets of $10.1M (revenue +5.0% year-over-year).
- 2019: Revenue of $3.8M, expenses of $3.3M, and assets of $9.5M (revenue +10.1% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.1M, and assets of $9.0M (revenue +11.8% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.9M, and assets of $8.6M (revenue -5.4% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.0M, and assets of $8.4M (revenue +21.1% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.9M, and assets of $8.1M (revenue +2.3% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $8.2M (revenue -1.3% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.8M, and assets of $8.2M (revenue -7.3% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.7M, and assets of $8.3M (revenue +2.9% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.7M, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Town Of Lincoln Housing Authority:
Data Sources and Methodology
This transparency report for Town Of Lincoln Housing Authority is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.