Lions of Illinois Endowment Fund

Analysis

Lions of Illinois Endowment Fund is a registered charity in United States, based in Dekalb, IL. It received its IRS tax-exemption ruling in October 1997, 29 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lions of Illinois Endowment Fund reported income of $2.2m and spending of $334k, leaving 85% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.0m to $2.2m (+124%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 822%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lions of Illinois Endowment Fund sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Community Foundation for Greater Rome ($2.2m), The Womens Resource of Greater Houston ($2.3m) and Jewish Big Brother-Sister Association of Boston ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% of the total. Other salaries and wages came to $187k. At year end it held assets of $15.5m against liabilities of $0, net assets of $15.5m.