Arizona Lions Vision and Hearing Foundation of Multiple District 21

Analysis

Arizona Lions Vision and Hearing Foundation of Multiple District 21 is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1976, 50 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 2023, Arizona Lions Vision and Hearing Foundation of Multiple District 21 reported income of $420k and spending of $521k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $420k (-63%), an average of -22% a year. The sharpest change came in the year to June 2020, when income dropped by 50%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arizona Lions Vision and Hearing Foundation of Multiple District 21 sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within AZ. Charities of a similar size with the same main cause include Creative Center for Wellness Incorporated ($420k), Bih Radiologic Foundation Inc ($420k) and Michelles Love ($420k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 56% of the total. Other salaries and wages came to $143k. At year end it held assets of $1.5m against liabilities of $1,540, net assets of $1.5m. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.