Chamber of Commerce-lincoln County is a 501(c)(6) organization based in Lincolnton, North Carolina, registered in 1947, with $256,367 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$256K
▼ 12.4% vs prior year
Expenses (FY2024)
$269K
Net assets
$347K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Chamber of Commerce-lincoln County— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chamber of Commerce-lincoln County: 15 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Chamber of Commerce-lincoln County— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chamber of Commerce-lincoln County: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $279K (FY2013) to $256K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-5.0%
Spent more than it raised in the latest fiscal year.
Total assets
$379K
Total liabilities
$33K
Net assets
$347K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $256,367▼12.4% | $269,215▼1.3% | $346,686▲2.3% | $379,418▲5.5% | 990 |
| 2023 | $292,735▲30.5% | $272,892▲26.1% | $338,925▲6.2% | $359,534▲11.2% | 990 |
| 2022 | $224,261▼4.6% | $216,377▼8.5% | $319,082▲2.5% | $323,299▲2.1% | 990 |
| 2021 | $234,983▼1.4% | $236,563▼3.8% | $311,198▼0.5% | $316,654▼6.9% | 990 |
| 2020 | $238,212▼11.6% | $245,787▼16.5% | $312,778▼2.4% | $339,990▼1.4% | 990 |
| 2019 | $269,467▼34.5% | $294,365▲48.1% | $320,353▼7.2% | $344,832▼14.0% | 990 |
| 2018 | $411,220▲51.3% | $198,751▼33.8% | $345,251▲160% | $400,877▲30.4% | 990 |
| 2017 | $271,744▼10.3% | $300,059▼2.4% | $132,782▼17.6% | $307,452▲45.7% | 990 |
| 2016 | $302,851▲5.5% | $307,323▲4.5% | $161,097▼2.7% | $210,998▲3.9% | 990 |
| 2015 | $287,087▲0.8% | $294,217 | $165,569▼4.1% | $203,136▼1.9% | 990 |
| 2014 | $284,882▲2.1% | $294,323▲7.5% | $172,699▼5.2% | $207,092▼11.0% | 990 |
| 2013 | $279,139 | $273,808▼0.6% | $182,140▲3.0% | $232,649▲10.9% | 990 |
| 2012 | — | $275,446▲4.9% | $176,809▲0.8% | $209,770▼4.5% | 990 |
| 2011 | — | $262,545▲0.8% | $175,418▲5.0% | $219,719▲3.8% | 990 |
| 2010 | — | $260,544 | $167,060 | $211,626 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Chamber of Commerce-lincoln County (EIN 56-0734599) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.