Lions Insurance Company

Analysis

Lions Insurance Company is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lions Insurance Company reported income of $8.7m and spending of $2.8m, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $8.7m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lions Insurance Company sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Elks Aidmore Inc ($8.7m), McCready Foundation Inc ($8.7m) and Keswick Foundation Inc ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $40.6m against liabilities of $25.1m, net assets of $15.5m.