Southport Lions Foundation

Analysis

Southport Lions Foundation is a registered charity in United States, based in Southport, NC. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Southport Lions Foundation reported income of $171k and spending of $92k, leaving 46% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $118k to $171k (+45%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 154%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southport Lions Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Christmas Come True Inc ($171k), United Way of Sampson County Inc ($171k) and Impact 100 Global Advisory Council ($171k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.3% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.