Minnesota Lions Hearing Foundation Inc

Analysis

Minnesota Lions Hearing Foundation Inc is a registered charity in United States, based in Green Isle, MN. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Minnesota Lions Hearing Foundation Inc reported income of $316k and spending of $88k, leaving 72% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $221k to $316k (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 165%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Minnesota Lions Hearing Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Fit and Food Connection ($316k), Tennessee Breast Cancer Coalition Inc ($316k) and Vincent Academy Adventure Coast Inc ($316k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.