Bedford Lions Club Charities Inc

Analysis

Bedford Lions Club Charities Inc is a registered charity in United States, based in Temperance, MI. It received its IRS tax-exemption ruling in April 2008, 18 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 (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, Bedford Lions Club Charities Inc reported income of $258k and spending of $264k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $216k to $258k (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2020, when income dropped by 26%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bedford Lions Club Charities Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Griffin-Spalding County United Way ($258k), Augusta Charity Classic Fund Inc ($258k) and Soundcheck Prevention Network ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% of the total. At year end it held assets of $355k against liabilities of $0, net assets of $355k. It reported 2 employees.