Lisbon Alumni Association

Analysis

Lisbon Alumni Association is a registered charity in United States, based in Lisbon, OH. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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 December 2023, Lisbon Alumni Association reported income of $53k and spending of $16k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $53k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lisbon Alumni Association sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Cherry Creek School District Parent Teacher Community Council Inc ($53k), Still Waters Collective ($53k) and Pateman-Akin-Avery-Kachina Foundation Paak Foundation ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $519k against liabilities of $0, net assets of $519k.