Lion Wise Inc

Analysis

Lion Wise Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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 June 2024, Lion Wise Inc reported income of $99k and spending of $109k, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $103k to $99k (-4.7%), an average of -1.2% a year. The sharpest change came in the year to June 2022, when income rose by 202%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lion Wise Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Jefferson County Historical Society ($99k), PTA California Congress of Parents Teachers & Students Inc ($99k) and Autism Society of America ($99k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $20k (18% of expenses). At year end it held assets of $99k against liabilities of $0, net assets of $99k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.