Lions District 5m-8 Foundation Inc

Analysis

Lions District 5m-8 Foundation Inc is a registered charity in United States, based in Cedar, MN. It received its IRS tax-exemption ruling in April 1994, 32 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 (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 2024, Lions District 5m-8 Foundation Inc reported income of $70k and spending of $177k, spending 255% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $136k to $70k (-49%), an average of -49% a year. The sharpest change came in the year to June 2024, when income dropped by 49%. Over the whole period it spent 98% 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 District 5m-8 Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include Sunrise Tulsa Rotary Foundation Inc ($70k), Kindersun LLC ($70k) and Carol Fitzgerald Memorial Fund ($70k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.