San Diego Lions Welfare Foundation

Analysis

San Diego Lions Welfare Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, San Diego Lions Welfare Foundation reported income of $316k and spending of $405k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $683k to $316k (-54%), an average of -18% a year. The sharpest change came in the year to June 2020, when income dropped by 62%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, San Diego Lions Welfare Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Laborers Community Service and Training Foundation ($316k), Greater Wilkes Barre Growth Partnership ($316k) and 247 Blac ($316k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% of the total. Compensation of current officers, directors and key employees was $55k (14% of expenses). At year end it held assets of $5.4m against liabilities of $112k, net assets of $5.3m.

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.