Lincoln Home
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Lincoln Home provides senior living options for elderly residents in an environment fostering dignity, safety, comfort, and the enjoyment of meaningful lives.
- Income
- $4.8 million
- Spending
- $4.9 million
- Spent on programs
- 85%
- Reserves
- -3.2 months of spending
- Largest source of income
- fees for its services, 94%
- Employees
- 152
- Volunteers
- 10
- Highest pay
- $133,266, executive director
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 31 out of 100. Higher than 3% of charities in its peer group (human services, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 60% of what it owns.
Living within its means
8 of 15Spending exceeded income by 3% of income.
Income trend
10 of 15Income fell 0% on the year before.
Spending floor
8 of 1585% of spending went to programs and raising each dollar of donations cost 48 cents.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 48% of charities in its peer group (human services, $1m to $10m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $4.2 million spent. In 1927, seven women's clubs of Lincoln County organized and opened a boarding home for the elderly on seven dollars and a dream. These women set the high bar of excellence in caring and in giving. It is with their example that we are entrusted to carry on the mission providing joyful and abundant living for seniors on the coast of Maine.Lincoln Home now offers a variety of support services in the settings of independent living, assisted living, private duty home care, and memory loss care in a small home like environment to seniors. Begun as a simple boarding home for the elderly, The Lincoln Home has evolved over the years to serve the needs and desires of all seniors. It is now a highly respected and beautiful place for seniors to live and receive loving, respectful care. Lincoln Home enjoys an impeccable reputation as the go-to place for seniors to live, to receive current and pertinent information regarding senior issues and for its vibrant and diverse community life program that ensures one's mind, body, and spirit are valued and grown at every age. Lincoln Home makes every effort to be able to provide care for residents to the end of their life when possible. We are honored and very committed to providing hospice care under the umbrella of a certified hospice provider. The Lillian Nash Fund as well as endowment funds provide over $150,000 of care a year to residents who have out lived their resources so that they can remain in the place they live and love.Offering this continuum of care is especially important to those 65 years and older as they plan for their future needs. Lincoln Home has been providing excellence in care in an extraordinary setting for over 80 years and is committed to growing the many services it provides to seniors. It also is proud to be a major employer in the Newcastle and Damariscotta, Maine area.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending July 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1942.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.