Lions Club of Yorktown Charities Inc

Analysis

Lions Club of Yorktown Charities Inc is a registered charity in United States, based in Yorktown HTS, NY. It received its IRS tax-exemption ruling in October 1995, 31 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 June 2023, Lions Club of Yorktown Charities Inc reported income of $63k and spending of $61k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $52k to $63k (+20%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 98% 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 Yorktown Charities Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Shepherd Circle ($63k), Sun Prairie Rotary Foundation Inc ($63k) and Kaleidoscope Foundation Inc ($62k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 20% of the total. At year end it held assets of $68k against liabilities of $35k, net assets of $33k.