Colchester Lions Charities Inc

Analysis

Colchester Lions Charities Inc is a registered charity in United States, based in Colchester, CT. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Colchester Lions Charities Inc reported income of $68k and spending of $66k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $21k to $68k (+219%), an average of +47% a year. The sharpest change came in the year to June 2022, when income rose by 115%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colchester Lions Charities Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within CT. Charities of a similar size with the same main cause include Coppell Girls Softball Association ($68k), Bikes for Kids Inc ($68k) and Tri-Valley Quarter Midget Racing ($68k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.