Meriden Lions Welfare Projects Inc

Analysis

Meriden Lions Welfare Projects Inc is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in December 1977, 49 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 2024, Meriden Lions Welfare Projects Inc reported income of $91k and spending of $47k, leaving 48% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $53k to $91k (+71%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 92%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meriden Lions Welfare Projects Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within CT. Charities of a similar size with the same main cause include Chippewa County Historical Society Inc ($91k), Missions Alive ($91k) and PTA Oregon Congress ($91k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $371k against liabilities of $0, net assets of $371k.