Lions Club of Patchogue Inc

Analysis

Lions Club of Patchogue Inc is a registered charity in United States, based in Patchogue, NY. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Lions Club of Patchogue Inc reported income of $81k and spending of $87k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $81k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lions Club of Patchogue 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 31st percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Rivertownes Pa USA ($81k), Warc Properties Inc ($81k) and Radius ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.