Romeo Lions Club Charities Inc

Analysis

Romeo Lions Club Charities Inc is a registered charity in United States, based in Romeo, MI. It received its IRS tax-exemption ruling in August 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Romeo Lions Club Charities Inc reported income of $148k and spending of $136k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $113k to $148k (+31%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Romeo Lions Club Charities Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Oconnell Organization Family Foundation Inc ($148k), Friends of the Elysian Charter School of Hoboken Inc ($148k) and Ctcu Foundation ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 1.0% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.