Oyster Bay Lions Club Foundation Inc

Analysis

Oyster Bay Lions Club Foundation Inc is a registered charity in United States, based in Oyster Bay, NY. It received its IRS tax-exemption ruling in February 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Oyster Bay Lions Club Foundation Inc reported income of $58k and spending of $43k, leaving 26% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $36k to $58k (+63%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 70%. 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, Oyster Bay Lions Club Foundation Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Family Foundation of Mid-Michigan Inc ($58k), Harbor Hills Ladies Charity ($58k) and Ashland Ore Dock Charitable TR ($58k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 113% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.