New York State and Bermuda Lions Foundation Inc

Analysis

New York State and Bermuda Lions Foundation Inc is a registered charity in United States, based in Roslyn, NY. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, New York State and Bermuda Lions Foundation Inc reported income of $77k and spending of $44k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $71k to $77k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, New York State and Bermuda Lions Foundation 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 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Tahoma High School PTA 9 14 50 ($77k), Johnson County Young Matrons Inc ($77k) and H W Kaufman Financial Group Relief Fund ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.9% of the total. At year end it held assets of $347k against liabilities of $0, net assets of $347k.