Rampant Lion Foundation

Analysis

Rampant Lion Foundation is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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, Rampant Lion Foundation reported income of $665k and spending of $255k, leaving 62% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $400k to $665k (+66%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 109%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rampant Lion Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include RSHM Life Center Inc ($665k), Uwvc Foundation Inc ($665k) and Farm & Home Foundation of Lancaster County ($665k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 23% of the total. Other salaries and wages came to $55k. At year end it held assets of $3.5m against liabilities of $362k, net assets of $3.1m.