The Lions Club of Norfolk Connecticut Inc

Analysis

The Lions Club of Norfolk Connecticut Inc is a registered charity in United States, based in Norfolk, CT. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Lions Club of Norfolk Connecticut Inc reported income of $80k and spending of $39k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $366k to $80k (-78%), an average of -53% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 25% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Lions Club of Norfolk Connecticut Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within CT. Charities of a similar size with the same main cause include Shepherds Center of Chesterfield ($80k), Move the Mountain Leadership Center Inc ($80k) and United Military Care Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $525k against liabilities of $0, net assets of $525k.