Saratoga Springs Lions Club Foundation Inc

Analysis

Saratoga Springs Lions Club Foundation Inc is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in July 2003, 23 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 2023, Saratoga Springs Lions Club Foundation Inc reported income of $55k and spending of $53k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $239k to $55k (-77%), an average of -31% a year. The sharpest change came in the year to June 2020, when income dropped by 72%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Saratoga Springs Lions Club Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Cedar Hill Rotary Foundation ($55k), Steel Hearts Inc ($55k) and The Josiah Foundation ($55k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $735k against liabilities of $0, net assets of $735k.