Mount Prospect Lions Charities Inc

Analysis

Mount Prospect Lions Charities Inc is a registered charity in United States, based in Mt Prospect, IL. It received its IRS tax-exemption ruling in November 2007, 19 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mount Prospect Lions Charities Inc reported income of $296k and spending of $203k, leaving 31% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $235k to $296k (+26%), an average of +8.0% a year. The sharpest change came in the year to June 2022, when income rose by 280%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mount Prospect Lions Charities Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include TR Uw Oscar Cohrs 13116600 ($296k), Dolan Family Charities ($296k) and Rush Enterprises Foundation ($296k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. At year end it held assets of $283k against liabilities of $0, net assets of $283k.