Snow Lion School

Analysis

Snow Lion School is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in January 2004, 22 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Snow Lion School reported income of $80k and spending of $234k, spending 292% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income fell from $855k to $80k (-91%), an average of -38% a year. The sharpest change came in the year to May 2024, when income dropped by 76%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Snow Lion School sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within CO. Charities of a similar size with the same main cause include Woodsboro Fire Department ($80k), Rotary Club of Marysville FNDTN ($80k) and LA Cueva Baseball Booster Club ($80k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 50% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $152k (65% of expenses). At year end it held assets of $607k against liabilities of $0, net assets of $607k. It reported 1 employees.