Oklahoma Lions Service Foundation Inc

Analysis

Oklahoma Lions Service Foundation Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 1974, 52 years ago. 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, Oklahoma Lions Service Foundation Inc reported income of $320k and spending of $296k, spending 92% of its income. Across the 2 years on record, from June 2020 to June 2023, income grew from $264k to $320k (+21%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Lions Service Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include Singing City ($320k), American Auditory Society ($320k) and Cross Connect Church ($320k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 0.5% of the total. Other salaries and wages came to $70k. At year end it held assets of $1.1m against liabilities of $4,256, net assets of $1.1m. It reported 2 employees.