Rhode Island Lions Sight Foundation Inc

Analysis

Rhode Island Lions Sight Foundation Inc is a registered charity in United States, based in Lincoln, RI. It received its IRS tax-exemption ruling in March 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rhode Island Lions Sight Foundation Inc reported income of $58k and spending of $55k, spending 94% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $367k to $58k (-84%), an average of -60% a year. The sharpest change came in the year to June 2022, when income dropped by 84%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rhode Island Lions Sight Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within RI. Charities of a similar size with the same main cause include Positive Productions Inc ($58k), Mrs Claus Club North Hills ($58k) and PTA Oregon Congress ($58k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $343k against liabilities of $0, net assets of $343k.