Lion Foundation
Analysis
Lion Foundation is a registered charity in United States, based in Camp Hill, PA. It received its IRS tax-exemption ruling in August 2003, 23 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 December 2022, Lion Foundation reported income of $4.1m and spending of $584k, leaving 86% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $671k to $4.1m (+509%), an average of +83% a year. The sharpest change came in the year to December 2022, when income rose by 467%. Over the whole period it spent 38% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lion Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Worldwide Initiatives for Grantmaker Support Inc ($4.1m), Teammates for Kids Foundation ($4.1m) and John Volken Foundation ($4.1m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 8.6% of the total. Compensation of current officers, directors and key employees was $44k (7.5% of expenses). Other salaries and wages came to $43k. At year end it held assets of $11.6m against liabilities of $0, net assets of $11.6m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.6%
- Other 91%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Worldwide Initiatives for Grantmaker Support Inc | New York | $4.1m |
| Teammates for Kids Foundation | Denver | $4.1m |
| John Volken Foundation | Canada | $4.1m |
| St Davids Community Health Foundation Initiatives | Austin | $4.1m |